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1721  Economy / Economics / Re: When is the right time to buy bitcoin ? on: October 25, 2017, 05:29:44 PM
I think this is the right time for you to buy Bitcoin and hoard it because the price of Bitcoin is falling and the fact that the price is going to increase again is the birth of BTG so you Buy and store a lot of BTG

I do not know anything about btg but I am sort of interested to it.  And yes considering that bitcoin price goes down, it is the right and best time to buy bitcoin.  I will keep them and wait for it to goes up.  Investing in bitcoin is really worth it.
1722  Economy / Economics / Re: Is it better to save money or invest it? on: October 25, 2017, 05:23:52 PM
it is better to save money on the bank if don't have any idea or plan yet to do with your money, coz you can withdraw it anytime you want and somehow gain interest, but you can also invest it depending on the type of business you want to venture.


Yes of course if you do not have any plan to let your money work for you then just let it in the bank.  Savings is good but I will only do that after I saved an amount for emergency.  After that I will start to invest because it generates more income/profit. 
1723  Economy / Economics / Re: Why people scam on: October 25, 2017, 04:43:56 PM
Getting a job is not possible for everyone, not everyone has family or [friends] to help them and sometimes they will make the bad situations even worse them. If you've ever really needed money and were very desperate, than you probably know that people would let you starve to death rather than give you $5.

It's weird how people won't toss out just a few dollars to help someone in need, yet they'll spend $10000 or more on their pet that has an average life span of under 5 years.

But then again, if you give the person in need money, they'll keep coming back for it. It's a real crap shoot

If someone needed assistance or help he or she can always asked for government or different charitable institutions.  Some people are not like that.  Sime will help especially if they see that that people really needs help.  Some just had a bad experience because of the scam.  Begging for money just to have more of it is definitely wrong.
1724  Other / Off-topic / Re: Young people should go all in on bitcoin on: October 25, 2017, 04:39:33 PM
For me do not go all in check the waters first take a little bit of your time and learn first the do's and don'ts in BTC if you earn form in and you think it will profit you then make it a full time do not go yet in going all in sometimes you need to check it first.

I just read a saying, Do not put all your eggs in one basket, and I think it is appropriate to quote it right here.  Considering that the topic is about young people to go all in, it is a correct statement that they should check it first.  But since everyone can attest that bitcoin is a good investment then make the first move.  But do not go all in.
1725  Bitcoin / Bitcoin Discussion / Re: Saving Bitcoins for your Children. on: October 25, 2017, 04:03:02 PM
So true. Investing in btc as well as investing in stocks or property. Setting up a child's future with btc is my way. Because, btc or exactly cryptocurrency is a great place to make my money grow better.
Compared to the interest given by the banks, it is better to put our money as investment to bitcoin.  In just a short period of time, bitcoin price goes up and it is doing very well.  I will do the same thing others doing in securing the future of their children through bitcoin.  Hopefully bitcoin price after 10-15 yeard will be so high that we do not need to think where to get money to support the education of our family.
1726  Economy / Speculation / Re: how to predict bitcoin price increase or decrease? on: October 25, 2017, 03:59:23 PM
For me, you can’t predict the bitcoin price. But reading some articles it will can help you to predict, but it’s just an opinion or you can just study on your own.  You can study the marketing of bitcoin, but if you are a trader you know what to do, just study your gross income. Smiley

As you said it is hard to predict bitcoin price.  There is no way you can predict it.  Reading articles can be helpful in predicting its price.  I am aware that if there is halving, issues, fork, bitcoin price changes.  So I always looking and monitoring the price since I want to buy extra bitcoin when its price goes down.
1727  Bitcoin / Bitcoin Discussion / Re: Why Cash is better than Bitcoin. on: October 25, 2017, 03:54:42 PM
Well, in my opinion cash is better yet.If you paid cash we are not paying fees. Maybe a few year bitcoin will accept everywhere even a grocery store. At this moment bitcoin is not popular yet.
.
Plus it is widely accepted and like what you said, hopefully one day bitcoin will be accepted everywhere.  Plus when you buy vegetables, meats, and other products on local market, it is hard to pay them with bitcoin.  Plus bicoin is not that well-known herr in our country.  Plus internet connection here have very low speed.
1728  Economy / Speculation / Re: Bitcoin again down? on: October 25, 2017, 03:23:47 PM
Bitcoin again down now its price 5495$.now its time buy bitcoin and hold tight.So donot miss this chance

For us who completely understand bicoin and knew it how it plays its price, we will just let it pass and keep our bitcoins.  It will also be a good time for us to buy bitcoins since as you said its price goes down.  I will further wait if its price still goes down. 
1729  Bitcoin / Bitcoin Discussion / Re: why do governments don't make BTC illegal worldwide ? on: October 25, 2017, 03:20:28 PM
I'm wondering this because is such a real threat to bank system and we all know how banks and governments are tightly linked !

BTC could make people more autonomous, self-resilient, being their own bank. You can use it like cash, making your transaction almost untraceable (or untraceable using e.g. monero or dash or laundry systems) : this is governments worst nightmare, isn't it ?



I do not know exactly but here in our country, when you want to buy bitcoin or use bitcoin to pay your bills, you can pay it through banks.  And there is no reason for our government to make bitcoin illegal.  It can contribute to economy of the country because of the extra service or fees bitcoin can give. 
1730  Other / Politics & Society / Re: Impact of drinking alcohol. on: October 24, 2017, 04:07:06 PM
Hi guys. Just wanted to know whether drinking is good or bad for our health...first of all i drink every weekend because i feel refreshed after a heavy week of work..  After i drink i take a lot of food and have a nice sleep....I do not have any kind of headache or anything after drinking but will it affect me in the future.... My dad almost drinks everyday right from his childhood may b at the age of 18 but my dad is healthy and strong even after drinking so many years... Thanks to god for that....... Any way,  When it comes to your health, is it better to drink or not to drink?


If you're doing physical work then alcohol might not affect you in moderation.
However if you're studying or doing any king of thinking or mental work I wouldn't recommend drinking.
It is proven by scientific studies it affects your studying abilities,so stay away from it.

Nice information, I did not know about that.  But it seems obvious only this is the time I realized about it.  Plus, everything not just alcohol should be taken into moderation.  Sometimes criminalities and troubled happrn when people put alcohol in their heads not in their stomach.
1731  Other / Politics & Society / Re: Money can buy happiness? on: October 24, 2017, 03:53:52 PM
not at all. Happiness does not depend on money. It is more like a psychological thing which is more connected to the human minds. Don't you think so?

For some reason yes, it can buy happiness.  When we have new things and really wanted what we have, we are really happy about it.  So it can make us happy at the very least.  Best things in life are free and cannot be bought by money.
1732  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: October 24, 2017, 03:50:01 PM
At the rate of current situation, I guess most of the people who have access in the internet will be using bitcoin as an alternative way to transact its purchase/sales online.
Such a possibility is very low. At least it takes a generations time to reach around 25% of the entire population. Right now what the strength we have seems to be less than 5% of the population. Let's wait and see, only time can give answer for the same.
The difference is only five years so I guess this thing is yet impossible to happen.  Bitcoin is not yet that popular in every part and corner of the world.  Maybe it will be used by all people 30 to 50 years from now.
1733  Economy / Economics / Re: Is bitcoin a good way to invest your money ? on: October 24, 2017, 03:23:44 PM
With the current price of bitcoin so high i do not see that it is a good way to invest your money at this time because a crash at this time would dent your bank account and it will hurt real bad ,i would be happy to invest in other coins which are not too high rather than investing in bitcoin at this time.

But bitcoin price keeps going up if you intend to invest for long terms.  Investing in bitcoin now is yes kind of very risky because there could be a crash on its price.  But if you it as a long term investment, for sure you will earn a very good income.
1734  Economy / Economics / Re: When to buy and sell bitcoin on: October 24, 2017, 03:20:52 PM
When is the best time to buy bitcoin and when do you think is the best time to sell?
I think its a great time to buy now but when is a good time to sell (if you have any idea please share)

I think the best time to buy is that, when the price is relatively lower than the previous prices. And I think waiting instead of selling can bring much more profits in the future.

But it's up to you when you buy and sell btc. You have to improve your skills to make your own trading decisions.

Indeed the principle, buy low and sell high should be considered.  It is advantage if we buy ay relatively low price and a great advantage if we sell them in high price.  Considering that bitcoin price continue to goes up, investing in bitcoin is a sure income.
1735  Other / Off-topic / Re: Young people should go all in on bitcoin on: October 24, 2017, 03:16:32 PM
Not all in because they have also a life so they want to buy maybe games with their money. Let them invest a little bit so that they can have more money in the future.

They can than use this money to afford things which they couldn't afford when they were younger.
Yeah you're right. They dont have to risk all of their money just for them to be rich in the future. They should know first the risk involve in investing in bitcoins. As @Britegrafter said above, there are also some usefull things that they can do with their money.

Just read a topic here about foolish thing he did.  He invest all the money she and his wife has and now they are on their to become rich couple.  Though of course, since young people have many things to consider, being all in is not a good option.    Just invest the money you are willing to risk with.
1736  Bitcoin / Bitcoin Discussion / Re: Proof of Foolishness on: October 24, 2017, 11:59:23 AM
About 18 months ago, I took all of my saving to invest in Bitcoin.

I did that without telling my wife. She was so angry and said how foolish I was.

Yesterday, I show her my BTC wallet and the current price of Bitcoin...  Grin Grin Grin

"Honey, please look at my Proof of Foolishness" I told her. "and I will foolishly continue holding these BTC untill the price reach 500,000 USD. I wish by then I will once again show you how foolish I am"

I wished I also have the courage you had when you turned all your money into bitcoins.  It was really worth the anger of your wife considering that you and her can now live a comfortable life.  When I have an opportunity to invest more or to buy more bitcoin, I will do it considering that bitcoin really gives a good income.  The foolishness you made really paid off.
1737  Bitcoin / Bitcoin Discussion / Re: Will Bitcoin be replaced by another cryptocurrency? on: October 24, 2017, 11:51:13 AM
How I think not in this year and during some years, in this year bitcoin got unreal popularity, no one from others crypto currencies have same price and same popularity, in the future anything could happen but if that crypto currencies will be same stable like bitcoin during some years.
This will never happen because bitcoin has set the trend about the crypto currency and It is the most valuable and most used digital con of this time all other coins are lagging by very large margin so that it never can be filled and those who are thinking that it will happen lol for them because the king of crypto will remain king because people only know about bitcoin and no other coin will surpass this mighty coin.

Besides bitcoin is the first digital currency and like what you said it is like the king of cryptocurrencies.  Bitcoin has a strong foundation and it is the most trusted digital currency.  Every price of emerging and altcoins existed in the market were priced according to bitcoin.  No other cryptocurrency can surpass bitcoin because it has been tested and proven.  It was used by majority of people who are into cyptos.
1738  Bitcoin / Bitcoin Discussion / Re: when you try to explain people about cryptocurrency do they understand? on: October 24, 2017, 11:48:33 AM
at the beginning it took me some time to explain people about this market.
i wonder:
when you try to explain people about cryptocurrency do they understand?

Some do not understand and some understands.  Normal people or those who are not technically inclined were sort of hard to understand things about bitcoin and cryptocurrencies.  But those who are into fields of programming, it, and computer related jobs are easy to know and understand bitcoin.  My family for example, did not believe in me when I told them that it will give them earnings.  My special someone got to understand it quickly because he is working for a computer based company.
1739  Bitcoin / Bitcoin Discussion / Re: What do you think about Bitcoin ATMs? on: October 24, 2017, 11:45:44 AM
Bitcoin ATM is a good idea indeed. Though I never used one because there's no bitcoin ATM in our country. But I would love to try, hopefully if this was implemented in the future, the fees wont be that big or hopefull it is the same with fiat atm, no fees needed.

Well, there are fees when you withdraw cash on ATM's that are not their banks.  Bitcoin ATM just like what you said is a really good idea since it will not let people who uses bitcoin an opportunity to withdraw, transfer, pay and even sell their bitcoins but it will make sort of advertisement.  People will be curious on what bitcoin is because there is atm designated only for bitcoins.
1740  Bitcoin / Bitcoin Discussion / Re: Best investing with bitcoin on: October 24, 2017, 11:30:25 AM
One of the best way in investing bitcoins for me is to buy some and tgen try to sell them if the price goes higer.

Well that is one of the ways and that is definitely what others are doing.  Bitcoin is indeed no doubt a good way or rather say the best way now to invest your money.  It surely gives you an income considering the continues price hike of bitcoin.  Some also doing some trade because like investing, it is a good way to increase your income.  I will sell my invested bitcoin when I reached the desired amount I have on my mind.
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