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7681  Economy / Economics / Re: Why do you buy Bitcoins? on: April 22, 2016, 08:18:58 AM
Hoping that price will be higher in future and I can make good money from it that is the reason I am engaging myself in buying bitcoin at a moment.
Yes everyone is busy in buying bitcoin now a days and at the same time they are in confusion that what will be the time to sell their coins, I think they will have to wait for about more than a year or two as there will be more profit in more wait.

Yes indeed many of richman now buying many bitcoins because lucky they are they know the price will rise  in halving time comes as you can see now the effect of halving is slowly occur and price is rising everyday for now. And also i buy bitcoin so i can use it to gambling its my little hobby and just want to have fun. And also do tradings because it is my main source of income i buy so i have capital with it.
7682  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: April 22, 2016, 08:14:05 AM
Price is everything for bitcoin, price is the main reason why people choosing bitcoin and it's really true. Everybody want make good money so high price currency is good choise for it.

That is right. If the price of bitcoin is just $1, I will not buy into it as it does not have the interest of many people.


Yeah price of bitcoin really matters because many of us use bitcoin because we can see we can earn by it. And for now the price is keep rising we still using it and earning more and the price of bitcoin is attracting people globally s you can see om fb groups the higher the price the more user and stakers will be added daily and im very hoping that bitcoin will be added to online store thats what im want to be happen right now. If the bitcoim goes down to 1$ well i will buy more btc. And i will leave for years.
7683  Economy / Economics / Re: I'm not gonna sell any coin. on: April 22, 2016, 08:00:30 AM
It is smart that you are not going to sell any coin now because we all know that the halving will come and that can be nice for the people who already have some Bitcoins.
The only bad thing that will happen that you can wait a long time until the value will be higher so you need also a lot of patience for it.
Yes, waiting for the halving require patience but there is another solution, if he also starts trade with his bitcoins and also wait for the halving, it will benefit him double. He can also earn with trading along with a wait for the halving.

i agree, it is always the best option to invest bitcoin (not only bitcoin but also money) you should never just leave money in your bank account or bitcoin in your wallet, you should start some work with it. that way you can both learn something new and earn more with your investment.

Very good idea indeed because the price as you can see is rising daily for days past and halving is coming as prediction of expert says it will rise to 700$ up. If it reach to that price well we are lucky ones earn money without sweat. And before halving is coming you can do investments and also trading so you can earn more bitcoin.
7684  Economy / Economics / Re: What is your best investment strategy? on: April 22, 2016, 07:57:16 AM
My best investment strategy is find a new fresh HYIP then invest on it for short term plan. after that withdrawal all your bitcoin from that HYIP and find a new fresh HYIP again. Repeat.

that's not an investment strategy. it's gambling that you are doing. the only difference with gambling and hyip is that you know that you put money into a scam with hyip's. that's quite sad to be honest.

Everybody trying to get money in different ways and this way isnt so bad. Nobody dies and world in peace  Grin


Still.. this isn't an Investment.

Yeah that is my investment strategy to i invest in new hyips and run when i get profit with it and no investment again because it will turn scam and find anothet fresh site to invest
I do also tradings and that is my good investment for now because i earn more by it. I monitor properly the coins market price movements so that i can earn more. And if the lrice soar high then i can sell it And earn big money. just a tip if you want to get success in investment research is a must with that because if you dont do research a higg chance of lose will you gain.
7685  Economy / Economics / Re: Is the number of available bitcoins decreasing? on: April 22, 2016, 07:52:49 AM
Let me explain.  Bitcoins are constantly being created (mined) but bitcoins are constantly being lost also.  The number of bitcoins created per year is decreasing (by design) and we could assume that the number of bitcoins lost keeps increasing every year.  If this is true, then at some point the total number of bitcoins available (not lost) would decease because more are being lost than being created.  If it hasn't started happening yet, it will sometime in the future.
for sure there are bitcoins being lost every day. idk if the amount being lost is greater than the amount being mined. imo i dont think it is.
but in the future the overall number of bitcoins is only going to go down which is why many people invest in bitcoin.

Roughly 3600 btc mined every day, so no, the amount of lost coins every day isn't even close to comparable to the number of newly created coins.
While it's true that bitcoins lost everyday is less compared to newly mined ones, it is still something. If you look at the total value of total bitcoins lost already, it's already a staggering $700+ million worth of bitcoins (according to my research, that is). That's really something.

Yeah very true as many as miners the quantity of bitcoin is decreasing year by year and thats a very bad news for miners because the difficulty of it will be higher and small profit will be gain for mining and for this halving coming specalution of less volume of bitcoin and it will decreased again but the price will up maybe 700$-1000$.
7686  Economy / Economics / Re: Why have Bitcoin instead of cash? on: April 22, 2016, 07:49:52 AM
There isn't one to choose bitcoin or cash instead of bitcoin, bitcoin has many benefits using it online and the fees are much more cheaper than the cash (through the banks). The risk is higher because if private key is lost everything is lost.

Yeah right because for use bitcoin users we surely select bitcoin because we are earning by it and bitcoin has many oppurtinities where you can earn big moneys and you can lessen your fees and easily done transaction with it. And Bitcoin is the first choice for the online marketer or geeks now as they can see its price and the way they say how they earn and cash is second option with that because if we earn many bitcoin by then we convert it to cash and buy goods.
7687  Economy / Economics / Re: how many coke cans you can buy with one dollar in your country? on: April 22, 2016, 07:44:49 AM
In our country, you could buy a 1.75L Cola for roughly $1.20.
You can buy 2 350ml coke cans for $1 and 6-8 (depends on retailer) 200ml glass-bottled coke for $1. I have a deal provider to accept bitcoin through online and to deliver me coke at my door step. Smiley

In our country you can also buy 1 can per $ its veru expensive in here because of the vat of government implemented. I think if they take out the vat the price of it will decrease and be cheaper. And not the coke can but all the price of the goods and products. But corruption of government will not let it out because they can earn bt it.
7688  Economy / Economics / Re: How too get rich on: April 22, 2016, 07:39:55 AM
buy bitcoins and forget that you ever buy bitcoins and wait for a long time hope that you will get a good result. OR do trade in bitcoins as we normally do in stock market. when the price comes low buy it and sell it when its prices get high.
I am agree with second option not the first.. I believe on bitcoin and know that bitcoin price will go up. but buying bitcoin and freezing them in storage could not a good Idea. we should use them to grow them constantly.

Very nice idea but thats a risky one to invest and get rich as you can see the price of bitcoin is so high now. And we dont know what might happen to it in future and what if it goes down or be dead then you will lost money because on wrong time staking. But i think if if we want to get rich hardwork is a must and we need money work for us it makes us rich than we work for money. Do investment you can earn more by that, research your place so you may know what business is applicable in that area many people get rich in business but no one gets rich on working in company.
7689  Economy / Economics / Re: Best way to manage money? on: April 22, 2016, 07:35:14 AM
I think the best way to manage money is keep your money on bank account.
If you like to get passive income you can invest on bitcoin because it's a good investment right now.
But financial crisis proved that it is not the best way. For example in Cyprus many banks froze the invested money in them!

Yeah even banks cannot be tell to be safe in terms on saving money as past issue happens in phils there are some banks file bankcruptsy to their bank and the money of the people freeze and all of them takes many months to get back of their money others are get only half of their money saves. But all i can say its better to save it in high names and very strong bank because it has insurance and can get profit little annually. But to save money disciple yourself first and left your  bad habits on spending money.
7690  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: April 22, 2016, 07:29:20 AM
It drops in price every time we hear about a big scam or some kind of fraud.
This drops are not something significant, and hardly can be connected only for Fud.
But in one coordinated attack damage can be made, but we have price fluctuation and without bad news or similar..
This is normal.


Indeed, this is normal and more currency's have this, not only the bitcoin has this and I must say it are not big numbers that are lowering.
So I think its not a big problem for the bitcoin, people are just hating on the bitcoin because its going so well..
There are a lot of people that is quite negative about Bitcoin and that is because the value isnt rising and the people wants to make some profit soon but that will not happen.
On the other side I understand them but they have to also know that we cant control it and that we just have to only wait until the value will be more.

And of course it can takes a long time but you have to should accept that.

Yes i think they said that because they see last months bitcoin is at its dumping stage maybe they are get alerted by it and say bitcoin is dead but now as you can see price is rising daily without hisetant i can feel the halving effect and it will rise more as the day passed. And i think other alts dev will envy to bitcoin and they want it to be dead to excell their coins in market
7691  Economy / Economics / Re: Minimum limit for buying BTC on: April 22, 2016, 07:25:30 AM
There is no limit for buying bitcoin.
It depens what you want to do with it. Do you use it for buying stuff, investment, or trading? So, buy bitcoin depens on your needs.
yeah I agree with you depending on your destination or purposes to buy bitcoin then?
when you buy bitcoin for the purpose of investment or trade. maybe I will buy at least 1 BTC
Agree with you, but the time now is the time of halving and double up of bitcoin value, so in that case we have to buy as much as we can, I think we have to convest all of our sphere money to bitcoin so that we double them up.

We are not quite sure what the effect of halving will be on the price of bitcoin. If ever it goes down, then it's like a window just opened for you to add more bitcoins.

I think theres a limitition when to buy bitcoin i think it is based on its supply but if you have lots of money and ready to gamble in btc well its best for now i can feel the halving effect the price is starting to rise daily now and as speculators say it will reach to 700$-1000$ and let see if it really happens. But for now search on program you want to invest to multiply more of your bitcoin.
7692  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: April 21, 2016, 10:27:46 AM
the thing is... Bitcoin is already a global currency. Aside from Bitcoin only gold can be compared to a global currency. Bitcoin is the perfect toll for international transactions
I think it is still very young to say that bitcoin is an international currency? bitcoin still under paypal and gold in the movement of the market each year. so bitcoin still need to progress more rapidly again to be a global currency.
global currency must necessarily be greater than the dollar right ?
No, bitcoin is not under paypal, but paypal is going to dump under the wave of bitcoin, every user of paypal who learn about the features of bitcoin immediately transfer to there.

Yeah, I also have noticed that, including me all my friends who are online earners are now on bitcoin, a time was there when all of us were fan of paypal, and we were only with paypal for most of our transactions but after adopting bitcoin we are going to forget paypal.

Guys bitcoin is not global currency, global currency is dollar today, dollar is trusted. Bitcoin can't beat dollar till it's crypto currency, need to become fiat first.

Yeah bitcoin will never ever replace dollar as global currency because bitcoin is relying to dollars And  many struggles and pumping to bitcoin before it happens but all i can say is bitcoin is global e currency used by people around the globe. Bitcoin needs to prove his strength first so that online stores will accept it. I think the reason why online shopping website dont accept it as proof of payment is because the price of it is not stable.
7693  Economy / Economics / Re: Are electric cars bad for the oil industry? on: April 21, 2016, 10:20:33 AM
Title.

So. Electric cars are gaining in popularity, therefore the popularity of gasoline will be going down. Won't the price go down, leaving the oil industry in trouble?
Yeah in the long run it is going to hurt the oil industry there is no doubt about that. But most people still own a car that runs on gasoline it is going to take a long time for everybody to switch over to electric cars.

Yes it takes long years to all people convert to electric cars and thats a very long years to run because people used to use gasoline cars but if that happen oil industry will be bankrupt and economy of thos oil driller will be devastated all though electric cars have good effects to our environment it can save us to disease low emmesion less polution to be make. But i dont think government will allow it becausenit can affect to global economy many people will lose their jobs.
7694  Economy / Economics / Re: What is your best investment strategy? on: April 21, 2016, 10:14:37 AM
You don't really expect people to tell you strategies that actually work, do you?
No that is a bit dumb to do but I do not really have a strategy. I just buy if I think that the price is good and if I have the money. And then I just wait for the price to climb. For me it is just a big waiting game.

Yeah but listening also to their saying is good idea  you can get info base on their experience that you can apply or avoid when doing serious investment. But for me i believe in my instict and i dont usually listen to those people who said they earn and they didnt give a proof that they earn actually And i think the very good investment strategy is reaserching on what you wish to join.
7695  Economy / Speculation / Re: bitcoin continuous rising? on: April 21, 2016, 10:09:56 AM
I am quite sure that we'll see a drop coming up before reaching $450 this or maybe next week.

My guess is that the price will drop back to $420 to $430 as there is nothing that is supporting the current price.
I think this is an unfair suggestion, the price is slowly varying day by day which shows there will be continuous rise in the price of bitcoin, users are waiting for a good price rise, it is expected to be $800 at the time of halving and even more after.

Me also i dont see any sign that bitcoin will drop its price before halving event will happen because i feel the halving for now the price keep rising daily and daily And it sure to rise big when halving occur as i read some of speculators article they said that it will pump up to high and price speculated is 700$ even more. And i can say let see what will be the future of bitcoin if the time comes.
7696  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: April 21, 2016, 10:01:57 AM
And I just read the thread about one man selling his house for bitcoins. I will never understand people.

Why not ? The price of bitcoin is really big, i think it's fine that man selling his house for bitcoins. It's still worth though. I think better invest on a house, it's more safe imo.

I think that guysnis crazy for selling his house for bitcoin, but we dont know what is his reason for selling his house for bitcoin maybe he see a good longterm and high earning program that can surely get back his investment money in short period of time. Butnif he sell his house he have funde for gambling nahh i will say your starting to kill your self for solding your very good investment. And maybe hes addict with bitcoin.
7697  Economy / Economics / Re: How much bitcoin did you earn per day and what kind of method did you use? on: April 21, 2016, 09:57:33 AM
my method is simply buying low and selling high alongside day trading if there is enough volume and volatility. on these days i can make around 0.10btc per day. but as i said, only on days with enough volume and volatility.

What a huge earnings per day for you bro do you have a group of pumper? For me my earnings in trading is not so big because i cant predict i can earn everyday because im depending on price  ups and downs but i earn passively here in furom. And i cant say my total earnings daily and hoping to gain more money daily.
7698  Economy / Economics / Re: When do you buy Bitcoin ? on: April 21, 2016, 09:54:49 AM
Just wondering when everyone buys bitcoin, weekly, monthly or just on the falls?  thinking of setting up something regular to ride out the waves.....  Grin
It depens on what the price is at the moment. If I got money and I find the price not to expensive I think about buying. I do not just buy at random moments but you have to decide quick because you will never know what is going to happen with the price.


This time is better to just buy some bitcoins that the price is still cheap. Who know what will happen after the halving. People say that it will rise so just better have at leas 1 bitcoin to save it.

Yes this time is very good time to buy morr bitcoin if tou have budget and can wait for price increase because inread from speculators thoughs that halving might happen 3 months from and and surely many people stocking some bitcoin on their own wallet and hoping they can earn big money with bitcoin. And hope to pump in the highest price on history of bitcoin and let see what will happen to it in future. It is ok also not to buy now if you have less budget you can do other jobs that can earn bitcoin and your earning should be save in wallet.
7699  Economy / Economics / Re: The Halvening on: April 21, 2016, 09:50:53 AM
I had a dream, a dream in a world where bitcoin its in everyday use, where people full of greed accumulates and holds Bitcoins like precious metals waiting for THE HALVENING.

A world wide tradition that happens every four years and can turn the poor into rich and the rich into poor

That's what will make Bitcoin to success, GREED

It just a dream kid go wake up and back to reality. I dont think poor people will get rich for using bitcoin because they dont have money to invest in bitcoin 4therefore low chance for them to earn big. And surely will earn for that event is those rich guys who have stock many bitcoin in their wallet and waiting for price increase to soar high. And that is my though for your post.
7700  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: April 21, 2016, 09:47:31 AM
There is no doubt that the price of Bitcoin matter a lot, that's already encouraging many people to use this powerful crypto currency online and to spread it as well.
Yes, the price of bitcoin this year has attracted a lot of people to itself, a lot of people are coming here this year into bitcoin because they want to increase their money with the increasing value of bitcoin and also they have found an asset to believe on for securing their future.
Yeah the price is the most important thing when it comes to Bitcoin. This decides if the people of Bitcoin are active or if they are just waiting for something to happen. The price decides everything.

Price really mattets it is very important for bitcoin user and there looking of It. It can determine if people will stay to use it or not and if the price is low i dont think it can attract big investor on staking on it and even business sector will not give a wink of it. But if the price is high will it can create mass good effect in businessworld many investor even company will hug the oppurtunity to bitcoin and surely global awareness for bitcoin will be spread.
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