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8641  Economy / Economics / Re: The best time to invest. on: March 30, 2017, 02:00:59 PM

       Some day in the future, you will realize that the best time to invest was not today, but some other day in the future, when prices were low. But with the information that you have today, the best time to invest is still today, because you do not know when prices will be low, and you do know that the longer you hold your investment, the more time it has to grow.



Toughts?
As long as you know, you can afford to buy bitcoin just do it then hold it for a long a terms. You maybe right in some other point because the price aggressively swing sometimes and the fluctuation most often happened. so every time it reduce the value take the opportunity to buy more of it.
That is a good strategy in doing investment in bitcoin. In fact we can start buying bitcoins now because the price is low and it can rise up again just after a few weeks because i think the dump scheme is only effect of the BTU announcement but it will back to normal soon. Just buy now and keep it for long term investment and just buy regularly to reduce or lessen the risk of losing money.
8642  Economy / Economics / Re: Will you invest in a MLM scam in early stage? on: March 30, 2017, 01:45:21 PM
I never invested in MLM schemes, many of friends are doing MLM business they are making enough money from it. But we have to spend many hours in the conference to spread a word about the product and income we are getting through schemes, only a few people will show interest towards MLM.

Even MLM is very difficult to get referrals under us because the value of products will be high and those products will not attract people.
No i don't think all the MLMs are like that. Some of the MLM companies does have very affordable price and their products are very attractive. To be honest, I already tried doing multi level marketing or MLM and for me it is a good experience because i was able to earn good amount of money that is enough to buy at least 5 bitcoins.
8643  Economy / Economics / Re: Why is bitcoin worth? Welcome to discuss on: March 30, 2017, 01:32:20 PM
Why bitcoin is worth? Because it has a lot of features that can help for different kind of people to make their daily life easier because bitcoin can be only done through internet and it can make paying some bills or fees to other stores easily and hassle free because you just need to pay it in the internet.
8644  Economy / Economics / Re: Bitcoin's price is so volatile right now! Why should I even hold? on: March 30, 2017, 01:17:26 PM
In my opinion, holding at the very volatile situation for bitcoin is a bad idea because you can lose the opportunities to earn more than you can possibly earn in holding for a long time. Volatility is a the best thing for bitcoin because that is how other people earn money and joining that hype is a good idea since you can at a low price and sell it for a bit higher price and then grab the profit and repeat the steps Roll Eyes.
8645  Economy / Economics / Re: The dream of getting rich with bitcoins on: March 30, 2017, 01:09:06 PM
Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.

How much money did you earn with bitcoins? Or did you lose some?
currently, I only make bitcoin with a plan for investment then from there buy and hold bitcoin as a digital assets. I believe from now before the end of this year bitcoin values will increase and because of this no plans to withdrew for now not even converting to another altcoins.
I don't think it is a good idea for you to just buy and hold bitcoin because it will give you slower results in reaching that get rich with bitcoin goal. If you really want to get rich with bitcoin then you should explore some ways in growing your bitcoin in a faster way like doing altcoin trading and also investing in different legit sites and also don't hesitate the ICO's projects but don't forget to study the project first before investing.
8646  Economy / Economics / Re: What is your best investment strategy? on: March 30, 2017, 12:58:00 PM
My strategy is not the best but still good for me. I always spare my 10% of my salary to invest on dice sites, there are many dice sites that have an investment and i always look at the site that will have a good profit for the next week.

Don't say that your strategy is not the best if that is beneficial to you and has been effective for most of the time.  And with what you are doing which is investing to dice sites bankroll which is good though we know that the return of it isn't that big but as long as there's a progress and you are earning from it, it's the best.
invest in gambling sites will still be at risk but if you insist to invest there, it's up to you. but better allocate small funds in high-risk investment

First and foremost, gambling sites are not intended for investing. (unless you will invest in their site and not by means of gambling). Gambling is for entertainment purposes only. Hence, I don't recommend making it as an investment because it is more on luck based and not a strategy based. If I were to evaluate the winning and loosing possibility. I can say that winning is only 30-40% and the loosing is 60-70%. That's why it is safe to invest to their bankroll because long term investment in casino gambling sites will surely give you a profit.
Investing to the bankroll of a casino or gambling site is one of the safest investment that i know. I also do that kind of thing and it gives me small profit every month but it is worth it because i believe that it will last for long so i don't need to worry about losing my money since they have a great reputation of their site and now they are keep growing which can affect my income to be increase.
8647  Economy / Economics / Re: Can we Manipulate Bitcoin price? on: March 30, 2017, 12:39:48 PM
Every transaction moves the price but only the heavy hitters move it to any noticeable amount.

Exactly, big whales does and capable to make the price move like if they sale they hold coins for sure the value will gonna crashed down and so if they purchased and buy coins the value will rises again. We hope big whales continue to hold theirs and buy more.
if the user is increasing over time and bitcoin users have been very large then the great whales would be very difficult to make price changes even each of them to do something
As time passes and more people get into bitcoin then it becomes harder for the whales to manipulate the price as easily but at this moment there is no denying they still hold a tight grip on bitcoin since they still hold lots of coins.

For me the whales will not simply go away from bitcoin ecosystem they are going to stay at the background and grab every opportunity to gain huge profits.While bitcoin's volatility provides opportunities for small time traders like us, imagine how big whales will take advantage of the situation, thus manipulating the price of bitcoin. However, if we, the bitcoin user base keeps expanding in the future and help improve trading volume, then the market price of bitcoin will be less dependent on speculation and would make it less influence by those whales out there.
The volume of the bitcoin users are keep on expanding and now it is getting bigger and bigger because of gaining more popularity of bitcoin. I think even the whales now are having hard times in manipulating or dictating the price of the bitcoin because of very huge volume of users and now it requires them a lot of money like million dollars just to execute a good manipulation.
8648  Economy / Economics / Re: How Bitcoin will reach $2000 to $10000 in 2017 and $100k by 2026. on: March 30, 2017, 12:28:38 PM
That is not possible to reach like 10k$. We need to understand various global scenarios as well to determine this. Now India is planning to ban bitcoin and its going to make the rate stumble to an extent in coming time.

http://economictimes.indiatimes.com/news/economy/policy/use-of-bitcoin-illegal-can-attract-anti-money-laundering-law/articleshow/57874230.cms
i think every single country especially third world countries would always have a thought to ban bitcoin due they didn't ready yet to accept newest technology like bitcoin , people there have no time to think forward for future they always left 10-20 years behind when talking about advanced technology, they would feel insecure as result ban are the answer for them. i don't think that issue could have huge impact globally to the bitcoin price now or later.

It is not about third world countries banning because they don't want to accept technology. Every country wants to innovate and better their society. The problem is that their politicians don't want. They want to keep the status quo. We cannot deny that there is really great corruption in third world countries, that is why they don't want to move to something that is traceable.
yeah they feel threatened by the presence of bitcoin if it's become legal and used by a lot of people. another reason government always wants something to control while bitcoin can't be their toy to play. that kind issue should not be a big deal as long as the demand keep growing then the price pushed, people should think more wide about bitcoin it's an opportunity not a threat, $2k $10k $100k isn't a mission impossible.
Those big price is indeed not a mission impossible because it is all about the demand of the people who want bitcoin and how can they continuously afford the bitcoin but i think $100,000 price for bitcoin is seem too high and it can't be reach by bitcoin because it will be just like a manipulation if ever that happens.
8649  Economy / Economics / Re: Bitcoin can not replace fiat on: March 30, 2017, 12:19:32 PM
It was never meant to replace fiat, just to be good enough as an alternative in case fiat fails (Cyprus, Greece, Ukraine, India, etc)

The possibility of it is good enough. I do believe that time will come bitcoin will be access by all maybe it takes time but if we support it all through out then for sure it will be. It is all about us, the reason why it will be implemented. Let the government see it worth and make it as one currency. But the govt. has to see that by using bitcoin, their own economy does not suffer.
yes there is no doubt about this as everything is possible in this world about i think it will take such a long time. may be decades, as still majority of the people are still using fiat as their main currency. but now the interest of the people is increasing to use online currency for trading,
That's what, and I do not intend to feed false illusions on the account of the future bitcoins. Fiat is a currency to which all people are accustomed and suitable for the convenience of using them, unlike bitkoin. Therefore Bitkoin will remain the leader only in his field.

For now I think bitcoin can't replace fiat for sure but we never knoe about the future. If only government can take control of bitcoin, I think bitcoin will replace it for sure. But until now there is no one that control bitcoin price for sure so for now fiat is still dependable for overall activity
Bitcoin for replacing the fiat is very impossible because the one that government like is the currency that they can control and can manipulate to generate income from being the leader. I don't think bitcoin will be like that currency because bitcoin is decentralized and it can't be controlled by other people as well as the government.
8650  Economy / Economics / Re: panic selling on: March 30, 2017, 10:08:53 AM
What if somebody will make a huge dump and sell it all the way to earn some profits because of this rally in bitcoin,and someone sees it and do that same thing. Is there any effect on bitcoin when someone to this,?
Well the price would surely decrease in a huge amount of price,
And I think that is what we all hate when there are so many people who is having a panic and selling all of their coin,
But I guess there are others who really wants that to happen to gain some profit cause while the price is in low they will surely buy some and pump the price back up again.

We can't blame those who panic and sell their bitcoin. It is typically driven by FUD, so what we can do is to use our decision that is based on careful thought and one should not be driven by fear that the bitcoin ecosystem will decline. Yes, we don't like this wide scale selling of bitcoin, but for some this is taking advantage of the system to turn a profit. Typically, large investors or whales who try to manipulate the price of bitcoin because of the desire to maximize their profits.
Most of the panic sellers are newbies that are just get hyped up by the bad rumors or news about bitcoin and it turned them into selling bitcoin but they didn't know that the winners are always those people who waits patiently and that is what most of the whales have. They have a lot of patience in waiting for the low price and buying as much as they can and then selling it for another high price to get the highest profit possible for them.
8651  Economy / Economics / Re: How to teach kids about Bitcoin? on: March 27, 2017, 03:00:53 PM
i think the  best way to make them understand about bitcoins is by saying that bitcoin is another type of currency and it is not fiat like usd or any other curreny .it exits and it cant be felt and it  is  the  future and it has a lot of potential.

I think that is not a good idea to explain to them that bitcoin is a type of currency, why? Because kids today are intelligent and they can think of something new and out of their curiosity they can use it for gambling unless we are not going to open them the negative things that we can do it, other wise it is a good idea.
although they like something new, but that does not mean they can understand something complex of bitcoin. kids enough to know that bitcoin is kind of a new currency, and they can understand once they are old enough
The kids are need more education and i think that's not the right thing to tell the bitcoin to the kid, because they're need a lot of the education. That's not the right environtment for them.
You got a point. Yes bitcoin is not for kids because it will be maybe not easily to understand since there is a lot of things to consider before going into bitcoin like how the bitcoin works and what are the basic terms and fundamentals you need to know before taking the risk, like those things are need to understand very well to be an effective bitcoin user and a kid will not fulfill that needs.
8652  Economy / Economics / Re: Do You Think Bitcoin Will Replace Dollar Soon? on: March 27, 2017, 02:31:53 PM
I don't think so, maybe the the goverment won't agree that bitcoin will replace dollar because first of all bitcoin was not created by the government. We can't say when bitcoin can consider a real money because we can only earn it in the internet. Maybe one day bitcoin can replace dollar someday.

Well ofcourse the government will always oppose the Bitcoins as they are not controllable and no govt wants the people to get finial freedom. But still bitcoin will replace dollar soon by people themselves giving up dollars and adapting bitcoins.
When bitcoin will become more famous and people will like only this currency for their international business the governments will not be able to prevent people to use this currency and then the governments will also go to adopt this currency.

But if the government does not encourage Bitcoin, no way it will become famous. Even if public demands it.

I wish it would be true that Bitcoin becomes very famous and I can leave my PayPal soon.
Bitcoin is very different from paypal, fiat because they have their own purposes. Even if the bitcoin will be so famous it will not be enough for bitcoin to replace fiat or paypal because they are very different and other people are comfortable with paypal and other people are comfortable with fiat and so on... So i don't think it is not necessary for currency like bitcoin to replace others because it is just an addition.
8653  Economy / Economics / Re: Bitcoin price is recovering! on: March 27, 2017, 02:09:30 PM
The price now recovered to $1025 but still it is lower price than what it attained in the previous month so it is still the time to buy bitcoins at lower time The investors who invested two days ago are now happy because they got the profit what was promised.

It's better than it is going to keep on falling. And this is going to give us a good time to breath now for most of the holders.

Let's just wait when bitcoin came back again at $1,100 then hope the next thing that is going to happen is it is going to recover back to $1,200.

Don't hesitate and be thankful that bitcoin's price is getting back again each day.
Dump for the price is a good event for traders or investors because they can buy cheaper bitcoin and sell it later. Now the price of bitcoin is getting up again but i don't think it will continue because the hardfork is not yet done and it will happen in april 1 so it is better for me to not buy bitcoins now and just watch the result of hardfork in april 1 and then make a decision for your next move after watching or doing observation of the hardfork results.
8654  Economy / Economics / Re: bitcoin prices go to the moon? on: March 27, 2017, 01:49:30 PM
btc not going to moon. there are certain things to be fixed for it not to be centralized which is why there is BU and segwit. if its not supported your btc will be worthless in the end. the altcoin frenzy isn't over so join the partey  Grin  choose BU or be left behind!  Grin
Neither BU nor SegWit is going to prevent Bitcoin from being centralised, if anything BU is going to increase centralisation, especially with the continued backing of monopolies like Bitmain.

And the altcoin frenzy is completely over, Ethereum and DASH have clearly reached their peak and have stayed there for a while now.  Bitcoin prices have gone up on a rebound just recently, from ~$900 to ~$1000.

Do you think that this situation is natural? I hoped that the growth of the bitcoin price would not hurt anything and at the end of 2017 we could see a good price. But the situation has changed and now I'm afraid that myo coins will soon depreciate
Looks like this situation is not a natural thing. With a lot of the FUD for the hardfork bitcoin in the future and it seems to be a manipulation.

This dump is really predictable by some parties. The HF will give bad impact for the market. It makes a stress for the market of bitcoin. But this just the matter of the time and it will recover again.
i think most of the people are predicting that the price of bitcoin will start recover very soon. and hope that this time bitcoin is going to cross 1500 leverl in one rally and hope that after that it will continue its increasing trend of bitcoin.
I think it will need at least a month for bitcoin to recover its price to the normal like $1,100+ because the hardfork will happen in April 1 and it will confused other people who are newbie in investing and those people who wants long term investment since there will be like two bitcoins. But i always believed that the original bitcoin will still standout in the market and get the high price back.
8655  Economy / Economics / Re: Want to Be a Millionaire? Two Main Rules of Bitcoin Investing on: March 27, 2017, 01:37:53 PM
i say there is only one key strategy to becoming a millionaire with bitcoin and that is a very simple one:

step one: buy bitcoin as much as you can.
step two: move these coins to a secure cold storage and make enough proper backups.
step three: close bitcointalk, reddit and any other bitcoin related place where random people can register and anonymously spread bullshit.
step four: your mind is now at peace.
step five: in at least a year check price and thank me.

Bitcoin updates are very crucial in determ ining what will be the potential events that will hit bitcoin and thus it is also necessary for the holder to watch over the market. Bitcoin is very volatile and saying that you will just check it at the end of the year is a dangerous and risky thing to do. If you will do that you will probably will lost a big amount.
I also think that bitcoin has not yet reached the bottom so now it is too early to tell the acquisition of bitcoins for the purpose of investment. Maybe when bitcoin will be at $ 20 I'll buy myself some coins.
That price range for bitcoin is very impossible to reach because if the price reaches that $20 then it is a sign that bitcoin will die because of its massive dump in the price. I think if the price reaches at least $500 then i will buy bitcoin as much as i can so i can save it and keep it for long term and hopes for another $1200 price again Roll Eyes.
8656  Economy / Economics / Re: Tell me your predictions about Bitcoin on: March 27, 2017, 01:19:05 PM
Unfortunately, there are no services which would guarantee a good earning bitcoins on the Internet. You can earn a penny. This will not affect the spread of bitcoin. Think the price will fall further. Market conditions such.
The future bitcoin in my opinion is very vague, and I do not think that all the predictions about the crypto currency will be fulfilled in full. Already today one can say that despite the anonymity of bitcoin, large users are manipulating the rate of earnings on the difference in price. But we are seeing good indicators of bitcoin growth.

Yes we have witnessed a good growth of bitcoin in last 12 months but at the same time the recent price slump is bit alarming about the stability of bitcoin and if bitcoin gets stability then its value will be increased by leaps and bounces as it will attract much more big investors but i think regardless of stability bitcoin will be widely used because already there are some big whales who have invested into bitcoin and have started to promote bitcoin and also some eCommerce site have started accepting bitcoin.

Yup, indeed very good growth bitcoin for several months now. But for a price reduction, it is not a big problem. because it is not always the same price bitcoin or stable, so the bitcoin can go up and down depending on demand that is happening in the market. Nothing to worry about, as long as we can still get the advantage. for we cannot forever use it without benefit.Better to focus on the things that will make us get much advantages rather than thinking of things that are not necessarily happen
 
Up and the downs is normal for bitcoin as if it is only basing on the supply and demand in the market. As of now it is going down since there is more sellers than buyers and they are more like people who want to be safe and they just want to secure their profit because of the upcoming hardfork that might affect the price. But i don't think that this is a bad sign for bitcoin because for long term investors this is a great time for grabbing this buying opportunity.
8657  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: March 27, 2017, 01:01:20 PM
This is an advancement of today Bitcoin will become a global currency if all countries are connected online or via the internet. Unfortunately there are still countries where the Internet is still not available and if available spotty or expensive to get a signal. We all know that we could not transact using Bitcoin without Internet network. therefore we have to find another way to get a deal without the Internet such as bluetooth or infra red
I don't think this is a good idea but we can still do transactions with bitcoin without having internet or even requiring it. But how? That is one of the good question and i will answer that by saying "Paper" yes you read it right, paper... to be specific paper wallets. But how? We just need some or a big generator who will generate bitcoin wallets using paper and put some value on it and distribute it on its countrymen. It is like substitute for money and it involves bitcoin and it doesn't require internet since you will pay the item in person by just exchanging item and the paper wallet with some bitcoin in it.
8658  Economy / Economics / Re: bitcoin benefit of saving for a long time? on: March 27, 2017, 12:34:12 PM
Saving bitcoin is so beneficial because we believe we can make profits in that way by selling to a higher price. Like now, I'm still waiting to get BTC recover again from its loss. I need more patience and I trust of its capability. Crypto users would still choose bitcoin as the primary coin among the rest.
It will recover soon. Just hang in there until hard fork is over. It really affects bitcoin after the rejection of bitcoin ETF bht still bitcoin is keeping strong and can withstand the dump. If this happened to other, it think that theh will collapse that's why i am more impressed by bitcoin and keep on holding
Bitcoin will surely recover its high price soon because just like what you said it is one of the bad effects of rejection during the ETF and the upcoming hardfork but just like ethereum and the etc, the older will still stand out and it will rise again like what does the ethereum shows us in different altcoin market.
8659  Economy / Economics / Re: Which one is good, trading or investing? on: March 27, 2017, 12:23:47 PM
i would prefer investing for a long term run. and i think this is a lot more secure compared to trading. because in trading you must be full of skills and have a habit of reading so that you can ride if there is pump and dump. wrong timing might let you lost you capital.

Do you think that you can't lose on investing? You can even lose more xompare to trade because you are no the one control the flow of your money mean while trading is much more safe because you are the one who control the flow and if you feel that it is going to drop you should sell it of course. It is better not to get anything than losing. And both of these thing will always risky the higher risk you can outcome, the better result you can get

I would also prefer investing if it were not so risky. I lost a lot of money when investing. Now I'm looking for a long-term and reliable company.
I do not know how to trade, so I'm afraid to start

I suggest to start studying trading rather than finding a company that offers less risk. It is very rare to find a company in online that offers such good investment percentage profit. Investing in casino might work but it is worth it to try trading because the decision to have a profit or not is in your hand. You control everything.
Yes that is true. Trading is a bit better than investing because you are in control of everything and you are the one who will control of your money like how much do you want to increase or how long you will spend in growing your money and also in trading there is no limit on possible profit while in investments there is only a fixed rate.
8660  Economy / Economics / Re: Bitcoin or gold? on: March 27, 2017, 12:11:43 PM
bitcoin because bitcoin has already surpassed gold in value this year. common sense

Very stupid sense then. The fact bitcoin has surpassed gold in value this year doesn't make it better. Maybe you don't know but we are talking about investing in gold or bitcoin. And because something has a higher value than something else doesn't mean it is better
That surpassed price was already done and now it is now back to the lower than the price of gold. If we talk about being stable on its price then gold is the best choice since we already see how the price is  strong and stabled. Even the bitcoin goes higher than gold it doesn't affect the price of gold and it just stays on its price and now we can see that the bitcoin price is falling down but the gold price is still the same.
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