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1  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: June 13, 2017, 04:58:24 AM
I do not think so. Too many people have spent their money to buy Bitcoin and there is no way for Bitcoin price to decrease lower than $1000. I can ensure that it can never return to the same old day anymore
2  Economy / Economics / Re: If you were in desperate need for money.... on: June 13, 2017, 04:57:38 AM
I would work hard, try to find more jobs, maybe sell some things which I can live without, make safer/more likely to win straight sports bets instead of parlays, which I usually don't do as they don't offer good odds but they are far more likely to win. And last but not the least, ask for help from my friends and family. Depends on the situation though, like how desperate it is.
3  Economy / Economics / Re: What power does Traders have on the Bitcoin price ? on: June 13, 2017, 04:56:47 AM
For now traders are the determinants of bitcoin pricing and the forces of demand and supply are the tools in their hand. The market capitalization of bitcoin which stood at over $41b today are sign that bitcoin is not control by individuals, governments and nations.
4  Economy / Economics / Re: Bitcoin reduces unemployment on: June 13, 2017, 04:55:14 AM
Bitcoins aide temporarily some unemployed person but don't be so hook to it and be dependable since we doesn't know on when bitcoin could last so we should need to find decent job so that it can cather our need if bitcoins will fall or maybe try to build a little business where it can be your 2nd option so that we have another choices if things go bad in bitcoins.
5  Economy / Economics / Re: Mining coins save or sell it? on: June 13, 2017, 04:54:30 AM
Let's say I am spending 250 USD to mine a coin of worth 330 USD, selling it immediately doesn't give me a big profit. If I am selling the same coin for 500 USD then thats a good strategy.
(amount spent on mining per coin in FIAT) : (Value of the coin)
when you get a good ratio convert the coin to FIAT.
6  Economy / Economics / Re: Bitcoin or gold? on: June 13, 2017, 04:53:43 AM
obviously gold would be the safe bet and bitcoin the risky. With gold having had thousands of years of maintained value and bitcoin being a few years old and extremely volatile.
7  Economy / Economics / Re: Best way for steady income on: June 13, 2017, 04:51:30 AM
Oh yes, already working and investing into hodling (of course! Cool) & some trading.
Btw. also noted solarcoin, nice idea they have.

Because of work and other tasks there is not too much spare time, so now looking for the best investment to earn passively btc, and after some time to make profit with it for long time. So ROI could be years as long as the investment is secure and long lasting (even rest of the btc's life).

This also to divide the stash into different areas.

Keeping money and loaning on exchanges does not feel too comfortable, especially with such a low profits :\
Some good active daytrader I could give some to play with, but don't know any.

Thx for these points... Any other ideas perhaps?
8  Other / Off-topic / Re: Young people should go all in on bitcoin on: June 13, 2017, 04:50:23 AM
All in?  HELL NO, nobody should go all in, regardless of age.  Taking higher risks when younger--that's all well and good.  But going all-in on anything crypto is a recipe for bankruptcy.  I wouldn't even allocate 20% to crypto.  You'd have to be crazy to go even half-in, and I say that as a person who likes bitcoin.  A lot.  It's just way too risky.
9  Economy / Economics / Re: Can Bitcoin also lead to corruption ? on: June 13, 2017, 04:46:23 AM
i wonder why bitcoin always be linked with things that are not good such as corruption, money laundering or drugs but in this case in my point of view bitcoin cannot lead people to corruption because it all pure from the bottom of their heart to starting corruption but indeed bitcoin could be the tool to storing corruption money
10  Economy / Economics / Re: Does the Price of Bitcoin Matter? on: June 13, 2017, 04:43:08 AM
There have been endless discussions on this, the only thing it coms to is the fact, that are you in it for the technology or do you have money invested. If you are a person using it for sending money to another place, and only buy it at the point of the use, then it doesn't matter. But if you happen to store it for long term, then obviously it matters as you will essentially be losing money on it.
11  Economy / Economics / Re: crypto is the future, make money of it on: June 13, 2017, 04:42:11 AM
I think cryptocurrencies is dependent on the user, security, and processing speed every transactions! Example: Bitcoin, more and more people use it, the price will increase, but at that time the security requirements must be improved, as well as speed of processing each transaction or occurrence hardfolk ...
12  Economy / Economics / Re: Why have Bitcoin instead of cash? on: June 13, 2017, 04:40:49 AM
I think bitcoin is more secure than cash, but, people must have the basic knowledge about computer, internet, virus, trojans & malwares. If people shall be trained about the security of bitcoin wallet, then, it's more hard to steal their coins .........

So, some websites must be developed to train people online for teaching them about basics of bitcoin, wallet security, offline transaction, cold storage, paper wallet, hardware wallets, multi-sig wallet etc.

If anybody knows this kind of websites then please, list here in your reply ......
13  Economy / Speculation / Re: Bitcoin heading to $4,000 on: June 13, 2017, 04:39:22 AM
I totally agree with you. Bitcoin is showing an increase in price each and everyday and i believe it will pass the 4000$ mark by the end of month of November. It will be around 4500$ by end of this year.
14  Economy / Economics / Re: Bitcoin price on: June 13, 2017, 04:38:16 AM
It means even with all difficulties Bitcoin is having it's still a very powerful currency that no one could stopped yet. Bitcoin is becoming more powerful each new day, however it's a bit strange how a currency with so many unconfirmed transactions and high fees is increasing its price constantly, I believe the normal would be the opposite...
15  Economy / Economics / Re: Future of the BTC on: June 13, 2017, 04:37:13 AM
Yeah the old technology of bitcoins is a problem but im pretty sure that even though they use and old generation of technology in creatingbitcoins it doesnt mean that they can adopt into technical changes and upgrades from this generations
16  Economy / Economics / Re: BITCOIN HALVING? on: June 13, 2017, 04:36:18 AM
The next halving is expected to take place by the year 2020, during which the price increase is an assured as the ongoing demand for bitcoin will generate the decreased supply an increase in value. So for the Op I would like to suggest him buy when the price seems low, during halving the price will be increasing same as the recent price wave.
17  Bitcoin / Bitcoin Discussion / Re: Why bitcoin is not supported in some countries? on: June 13, 2017, 04:35:00 AM
They are afraid that people on a certain country will fully switch to bitcoin and with that thing happen problem will arise regarding on implementing tax and thats the time the government will have a very big problem because most people do already have the control on their money unlike on banks which is regulated by the government.
   
18  Bitcoin / Bitcoin Discussion / Re: What is the best source of bitcoin nowadays? on: June 13, 2017, 04:33:39 AM
Bitcoin as a digital form of currency has got more acceptance common man. People started using it as an earning source as well a good investment rather than using it as a currency. Now the profit making is getting shrunk. Right now only way to get some good earning is with trading and gambling which has the highest risk involved.
   
19  Bitcoin / Bitcoin Discussion / Re: How do you keep your bitcoins? on: June 13, 2017, 04:32:22 AM
keeping bitcoin at paper wallet is best place, but for me building rig mining is more interesting, i can get money everyday and ofcourse i can sell my hardware as gamer rig too, if not profitable anymore...
20  Bitcoin / Bitcoin Discussion / Re: Are you using low fees? on: June 13, 2017, 04:29:36 AM
Am currently using exchanges as my wallet. It pretty much does the job for me. The fee as far as know isn't that a big deal. People adviced me against using exchange, I have no choice unfortunately.
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