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1081
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Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase?
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on: March 19, 2016, 02:35:52 PM
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Yes, I have some bitcoins but if I need it I will withdraw them and will convert it to fiat while if I did not need it then they will be there untill the halving occur and it increase the price of bitcoin and so will increase my money too. So yes I have bitcoin but I will not lock them on my wallet to wait for price increase but actually for me bitcoin is a normal currency and I am using it as a normal currency.
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1082
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear?
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on: March 19, 2016, 02:32:37 PM
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No, as both are not the same things but are different things, bitcoin is a currency while bank is an organization which maintain the affairs relating to currency of people, state and a number of national and international organizations. So bitcoin cannot make banks to disappear.
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1083
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Bitcoin / Bitcoin Discussion / Re: paypal or bitcoin?
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on: March 19, 2016, 02:30:38 PM
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Not Paypal But Bitcoin as paypal is limited to certain countries and paypal steal you money by freezing your accounts, while bitcoin is for worldwide and there no any problem by using it with any transaction to any place.
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1084
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Economy / Economics / Re: Norway lowers interest rates by 0.25%
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on: March 18, 2016, 05:52:32 PM
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It is a better step, with that more people will be encourage to start their business with loans, and they will find opportunities at cheap rate to improve their lifestyle. With high interest rate no one try to rely on it and the time passes without any benefit to them.
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1085
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Economy / Economics / Re: How too get rich
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on: March 18, 2016, 05:49:12 PM
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Buy or develop your own time machine and go back to 2008 and mine BTC on the computer at your mothers house in the basement
To become rich just stay with time and do a struggle to be best fit in the current world with the current business, not need to go back, these are the thoughts which will disappoint you, just forget the past that was for the people of past, you are the generation of this time so make perfect yourself to run with the current situation, there are a lot of opportunities available to become rich just need to grab them |
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1086
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Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy
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on: March 18, 2016, 05:42:11 PM
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No. No one is now waiting for the price to drop to that value as everyone now has collected a sufficient amount of bitcoin and are waiting for the halving to increase their wealth with the increase of the price of bitcoin, and in that case if the price dropped then no one will then ever try to collect bitcoins and if they get any of them they will immediately convert them to fiat.
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1087
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Economy / Economics / Re: Investing Bitcoins?
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on: March 18, 2016, 05:39:08 PM
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How much do you want to invest? it depends on your money amount you want to invest.
I like and will also suggest you to start a website of some attractive category, websites are nowadays available at lowest price and they can earn you a much better amount by selling the ad space to copanies, individuals and ad networks etc.
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1088
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Economy / Economics / Re: Does the Price of Bitcoin Matter?
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on: March 18, 2016, 05:36:08 PM
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Yes the price of bitcoin matter if the price go fall and continued like that then less people will be interested in it and will start to leave it, the traders will have nothing remain for them in bitcoin so they will be no more here on bitcoin and will adopt some other way of trade or business. So the price matter a lot. I think a stable and fluctuating price is better but not a dropping down is acceptable.
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1089
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Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin?
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on: March 18, 2016, 05:33:20 PM
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If our day job is paying us less oney than our work with bitcointhen we have to give full time to bitcoin so as to earn more, if we are busines persons only, if we have some other serious duties then we have to focus on our duty not on money as money is not such that beneficial as we people and our state.
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1090
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Economy / Economics / Re: Should I believe in Bitcoin ?
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on: March 18, 2016, 05:30:44 PM
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Yeah, now it is a normal currency and everyone, individual and companies are adopting it as a normal currency for their business and other transactions, So you have now believe on bitcoin, it is a virtual currency, the only problem is unstable price for that you have to learn trade to be benefited with it.
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1091
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Bitcoin / Bitcoin Discussion / Re: What about Halving???
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on: March 18, 2016, 04:40:10 PM
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Who will not like a event that might double your profits? I doubt that it would even get to double that, but there are people who believe in that and this hype is feeding the frenzy. You just need to note that the halving even though it takes away half of the daily supply, also stimulate hoarders to sell their coins at a higher rate, which will level out the supply once again. My prediction is a higher price up to the event and then a dump of coins when it is at it's highest. This will bring down the price to it's normal levels again, just after.  The question is when to sell do make profit, and if it's a good idea to sell at all. You may think that you are going to make a great deal if it pumps to 600 (600! time to sell) but then you wake up next day, and it's at 1000, then it crashes to 600, and keeps growing to new ATH. Shorting is just a gamble. At that time we have to be more alert about the pumps and dupms of prices because after halving anytime price can jusp to 1000 and any time can go down to 400 again, it will depend on the sale of people, I think we should not hurry to sell all the bitcoins to keep bitcoin at height for a long time. |
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1092
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Bitcoin / Bitcoin Discussion / Re: People mocking of me for using Bitcoin
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on: March 18, 2016, 04:36:45 PM
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The people who do not know about bitcoin can easily be redirected to this currency, just tell them that it is another currency just like other currencies and nowadays it is its time and everyone is adopting it to be benefited with it.
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1093
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Other / Off-topic / Re: what you like best in Bitcoin ?
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on: March 18, 2016, 04:34:21 PM
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what i like about bitcoin are the fast and cheap transactions and the freedom of controlling all my btc without any third party
Especially without any interference of government and banks, which sucks a large amount of our money for a little job. With bitcoin we are our own banks no need others to keep our money. yeah the government can not provide the laws or rules on bitcoin. even if they adopt the bitcoin system they still could not regulate bitcoin system bitcoin is perfect for freedom  But I think if the governments and banks adopted bitcoin and started to work with it, then bitcoin will find and strong and long term support, and so will achieve strength within a short time period. So I think they should have to adopt it. |
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1094
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Bitcoin / Bitcoin Discussion / Re: Can Bitcoin make Banks disappear?
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on: March 18, 2016, 04:31:39 PM
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Banks are a old profession like Prostitutes they will always find a way to get that money from the masses.
Do not expect them to fall off any time soon,they have their claws into the system pretty good.
I also think that banks will adjust within the system, they are coming from hundreds of years and are fitting continuously in any situation and time, so bitcoin will not be a big or hard challege for them. |
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1095
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Other / Off-topic / Re: What is your plan to get rich with Bitcoin?
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on: March 18, 2016, 04:29:42 PM
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Then I will help all the poor people in my country and then in the other regions of the world where they need help. Plus I will provide and train the youth for starting their business and will support them to provide them loan, and will try my best to provide education to all people.
wow a great plan, I cannot beleive that in this era someone can still think like that and have mind to support and help others, I will wish that you sooner get your goals. |
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1096
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Other / Off-topic / Re: Earning a living with bitcoin?
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on: March 18, 2016, 04:27:57 PM
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Being a freelancer on the open market with such a fierce competition nowadays does not guarantee you a stable monthly income. Some months you will have a lot of work and some other you may very well be scraping just enough cash to pay your bills and food expenses.
Yes i think it would be very risky as your living will be dependent on the value of bitcoin, if price is higher you will not have financial crunches but if it falls, then you know it very well what will happen. yeah, when the price is high then we can rely on it for living but when the price comes to low then the income becomes low, so unless the price is not stable we have to keep dollar as standard for service prices. |
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1098
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Bitcoin / Bitcoin Discussion / Re: Bitcoin 'bomb' alert in airport
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on: March 10, 2016, 04:31:55 PM
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It may be prank or maybe someone has tried in order to check that if they got the money, but now is the time that governments have to do something for it to make it non-anonymous otherwise it will be dangerous.
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1100
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Bitcoin / Bitcoin Discussion / Re: How do you store your bitcoins?
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on: March 08, 2016, 05:36:17 PM
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In my wallet, my xapo wallet, I am earning my bitcoins from different sources like from faucets etc and collecting them to my wallet, and waiting for its value increase.
But I am thinking is it better to store them in xapo?
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