You thought it wasn't going down? Fools! Ha-ha! Last time Bitcoin went from 1200 to 120 and this time it's gonna do from 700 to 70! The pump is OVER! I hope you Chinese pumpers got some profit from these fools and we will see more altcoin pumps in the future.
We may experience another pump in coming days, as still we have time for halving so we can expect price will start moving up in the first week of July, till then holding my coins. |
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What you can say about this sudden price falldown of bitcoins price?
Is this the end of halving? Or just someone manipulating its price? because i see many people started to sell their beloved hodl coins and if massive selling will continues surely bitcoin will drop for more and we might see 300$+ again.
end of halving ? do you know that halving is not started yet ? it is in july so how come it could end before starting. just wait a few more days for the halving. we will see another big pump very soon. this is an expected speculation that is accepted by many people who are bitcoin lovers. Yeah and I believe price will start rising in the first week of July, till then sit quiet and give some rest to your bitcoins, as at a moment it deserves some rest as it has to perform actively in coming days. |
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look at bitcoin today, i think save some money is fiat is not bad idea. if bitcoin price fail like today we can buying a ton bitcoin with our fiat money, then we can hold it for higher price.
Today is a good time to buy in my opinion, the price is falling down and with our money now we can buy a good number of bitcoins to save in the future. I myself is taking a risk once again because I will buy some from my savings, I just can't resist this temptation because I know the price will rise soon. when the price was $670, more precisely it was yesterday. many people said the right time to buy, but now the price continue to fall, and said again a great time to buy. if I see the trend continue to decline, it is better to wait to go down further. If you have any plan to buy then I think you should wait for few more days, as price can go even lower by the end of this month, and will start rising closer to halving. |
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$740 right now. Btw, what's halving? (Is it holding?)
No it's not holding at all. Halving is the period of time when mining reward gets divided by 2, as of current reward 25 which will be 25/2=12.5 after halving. Instead of getting my question solved, I find it difficult and I'm more confused now  You don't need to get confused, you have two options now either you can buy some coins if you can afford to or just hold the coins that you have for halving. to explain in simple as possible halving is a projects per fouryear to decimate the number or block of bitcoin so that any demand for bitcoin would have more influence on the price because the amounts already be reduced. so many people will hold their bitcoin when halving come. and expect prices to go up and get bitcoin some benefit If you don't have money and if you cannot afford to buy at a moment then the best thing is to hold your coins for halving, as you can definitely make some good profits from it. Honestly, I was thinking of taking a loan just to buy bitcoins at its current price now, this is an opportunity for me so I would take the risk because I believe it will rise again before the halving. To be honest this is really big risk you are taking, as if price doesn't goes higher then it will put you in huge trouble, better not to go for loan, and buy with your own money that you can afford to. |
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i think 100bitcoin is the minimum to retire in 20years and you can enjoy your retirement day without working, just have fun with your family.
For me there is no limit how many bitcoin do i need to retire in 20 years as long as its value is high enough to live with my family and sustain our needs for a long time. Even 10btc is enough if its value is 50k$ or more than that. Since we still must convert bitcoin into fiat to use bitcoin in our life to buy our daily needs in life. You are right, that's what I'm saying it will just depend on how much the value of bitcoin is going to happen on those years. That's why I'm saying to be more prepared for your retirement you need hundred up to thousands of bitcoins. So, if the retirement happens, you can just enjoy the money your worked and life you are living. You have a point. Need of thousands of bitcoin is a gamble or not enough to secure your future, I think a couple of hundred's is enough. No one knows what will happen in the future, so start saving some bitcoins now and maybe in the future it will cost more than a million dollars too. If price reaches to millions in future then even 10 btc can take best care of me, as cost of living in my country is not too high, I can live best luxury life even with 10 btc, but the fact is price should be in millions. |
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buying or holding a bitcoin is also a investment and also it has a risk because you spend and risk money just to make some profit and try if your money will grow . you should think twice before investing your money .
I think all investing is risky, but the good thing with bitcoins is that the price fluctuates that much and we have reach the peak of $1,000 and with that amount we can still achieve so it is good to buy now and hold it in the future. Investing in bitcoin is not risky but investing in online sites is really risky for sure, as we can never know how genuine or legit site it is as there is no face to face agreement is involved, so it becomes difficult to trust anyone online. |
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I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
well at first I would put half of bitcoins into my wallet to stay there and wait for prices to raise up, then about of two bitcoins i will donate to charity or something like that, because i'm a good guy then i would try to gamble with one bitcoin, because I know that i'm very unlucky at these things, and with the other two bitcoins i would buy something what I wanted a long time online At one end you are going for charity on other hand you prefer to earn it from gambling, not a great combination dude, try to invest those coins in some productive things or just hold it for a long term to earn better and higher profits. |
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It was my little dream to own 21 BTC and today i achieved it after hard work of so long time.Now i want to make my hard work pay me.I mean,i want that these bitcoins work for me someway and grow.Is there bitcoin bank that pays interest? What will you do with 21 BTC? How will you spend it? How will you grow it? Share anything you want that may help me to decide what should i do.  Well I would hold some of my bitcoins in my wallet and wait for prices to raise up, because that's the less risky way to earn bitcoins, then trading, but it takes time to do that, you can try some investing options The most risky, but fast profitable way is gambling, you can earn money very easily there, but you can lose money very easily there, so I don't recommend you to do that still, so my recommendation is to hold these bitcoins Gambling will make you loose everything that you have, so its not a smart decision to make, either you can go for trading if you can take some risks, and if you want to be risk free then holding is the best option for you. |
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Yes, i also afraid the price of bitcoin continuous go down and back to a normal price before halving. I don't know why the price of bitcoin decreasing now.
Somewhere to 2015 schedule Bitcoin course exactly repeating the typical "investment bubble" - takeoff, the first sale, bear trap, media attention, HYIP, the fall in bull trap, take off again deflation. And then there was a long "reversion to the mean." By the end of 2016 i think it should cost 600 Bitcoin. I have some more expectations from this year, if price touches to $1k at halving which is unlikely to happen now, then we can expect the price of $800 at the end of the year, everything now depends on the price at halving. |
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For me the most important thing in the bitcoin is seeking benefits can I get whenever and wherever. I always use the bitcoin to trade and have always had the desire to be able to quickly get the advantage and playing again. Bitcoin special and is very profitable. Regret only comes at the end, enjoy what you get and keep trying to get greater enjoyment.
Yes it is important to me because as of now I dont have a regular job and i am relying on my daily income in bitcoin mining sites. It is not that huge daily profit but at least I generate money online because of bitcoins. That's great to hear that you are working full time on bitcoin and earning good money, bitcoin has really helped many people by providing them earning opportunities which can at least take care of their basic expenses. |
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It depends on your entry price, if you bought at $250 range then I think you should sell some of your coins and collect the profits as it is difficult to predict the price at halving.
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$740 right now. Btw, what's halving? (Is it holding?)
No it's not holding at all. Halving is the period of time when mining reward gets divided by 2, as of current reward 25 which will be 25/2=12.5 after halving. Instead of getting my question solved, I find it difficult and I'm more confused now You don't need to get confused, you have two options now either you can buy some coins if you can afford to or just hold the coins that you have for halving. to explain in simple as possible halving is a projects per fouryear to decimate the number or block of bitcoin so that any demand for bitcoin would have more influence on the price because the amounts already be reduced. so many people will hold their bitcoin when halving come. and expect prices to go up and get bitcoin some benefit If you don't have money and if you cannot afford to buy at a moment then the best thing is to hold your coins for halving, as you can definitely make some good profits from it. |
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Actually, i also do the same like you. I have around 3 bitcoins right now and holding my bitcoins until the halving come. I think it's the easy way too get rich now. I was amazed if someone could hold many bitcoin and can continue to survive until halving. usually people will be tempted to sell when the price pump. and it also happened to me. very unfortunate I sell at the price of $ 500 because of impatience. you have to be more patient if you want to get profit Yeah patience is the key to make profits in bitcoin, if you would have hold your coins at this stage then you would have earned huge profits, no issues learn from mistakes and don't repeat the same in future. |
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It is always better to invest money in somekinda guarenteed things.
Banks do not really pay enough.
Yeah banks pays you interest in peanuts and it will not help you in long term, if you want to have good profits and better life then investment is the key to success. That is only possible if you are going to save your money to bank with the condition of time deposit. Because there is contract that you need to follow, like you don't have to withdraw for this particular months, let's say 6 months. And if you are able to follow that then your money will earn some interest. But if you are just going to put a small amount that doesn't help either it is better if you have thousand of bucks. You can earn good interests on your fixed deposits you the amount is higher but there is certain lock in period and if you withdraw before that then banks will charge you, better to save in bitcoin on regular basis. |
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Yes actually there are a couple restaurants in my city, I try to eat at them once every couple months and pay with btc.
Which city is that? In my city there is not restaurant or even a large retailer that accepts bitcoin. If there was i would go out for dinner every dinner. The high bitcoin value makes me do that. But the fact is we don't have that facility at a moment to spend our coins anywhere, so it becomes difficult to spend bitcoins in real life, as I haven't seen a single place that accepts bitcoins. In my case, it's almost the same. The fact that our city has no place or facility that accepts bitcoins as mode of payment is still a torn in the neck. However, there's a company (not sure if it's affiliated with the government but it's highly like that they're not) that enabled bitcoin as form of payment to pay for our bills, send money from bitcoin to cash. At this stage I still feel that its better to sell our coins and convert it to our local currency as fiat is used and accepted everywhere so even if we are not able to spend our coins directly, its not a big deal. |
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Thanks to my friend who forcefully insisted me to get into and wanted me to start earning from signature campaign, and I am successfully doing it since last one year.
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Here is an article on the future of bitcoin. What is the community opinion about it ? the future I bitcoin is great hope because bitcoin, is money too, when you bitcoin ,. do you have money. you can use in the future the bitcoin I couldn't understand what you said because of your grammer but somehow i got an idea if what you are trying to say, and i agree with that. The future of bitcoin would be great only if the adoption level increases with the time, and if the adoption level increases then user database will increase as well and till bitcoin will have users it cannot disappear at all. Adoption level will surely increase in coming years and that will take the price of fto a higher level and I dont think we need to worry about the future of bitcoin, its awesome. |
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My plan would be investing coins or something
I need to get more coins first after that i will invest them in several small upcoming company's. Maybe
i will get a nice profit out of it.
yeah it looks like we have the same plan dude. usually I will continue to collect bitcoin of various methods and then if the amount of my bitcoin I got has big enough. then I would think to invest or grow my bitcoin. yeah it was pretty good plan I think  At this stage try to collect as much as you can, and save it for future as the worth of bitcoin would be really higher in future giving you best returns on your investments. |
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Right now I am not doing anything with bitcoins that I hold, I am trying to earn and buy as much as possible as price has gone down, and will prefer to hold for the halving.
Ever since the value fluctuated, I decided to hold on to my bitcoins and wait it out. I will probably spend them again as soon as their value once again goes up at ~$700. However, I am only going to be using at most 20% of my total bitcoin funds as I do not want to feel really bad when the value goes even higher. I really feel that we should hold our coins for next couple of days as we are expecting much higher price at halving and at a moment price is not good to sell our coins. |
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As the title say, what is the proper way to teach someone about what is Bitcoin?
very easy just give him solid reasons and tell him about your own prgress i think he will soon understand. What you mean by solid reasons? You need to show them how much you are earning from what sources you are earning, as its not easy to convince someone to start using bitcoin and that's my personal experience. |
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