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5261  Economy / Speculation / Re: Is it too late to buy bitcoin? on: July 06, 2017, 03:44:10 PM
All i can say is, as long as the price is not around $3,000 or even close to that, it is still a good price to buy some bitcoins because after a few years, you will regret this opportunity because you did not buy bitcoin for a lower price and after 5 years the price will be doubled and you will get x2 profit if you bought bitcoins now.
5262  Economy / Economics / Re: How can we make more money? on: July 04, 2017, 03:13:32 PM
There is a lot of ways to make more money like joining in signature campaign, trading and investing those three are my primary ways to make more money and other than that, i don't care about. Making more money is up to the person on how he is good at something so if he is good in trading then he can pursue trading and more money.
5263  Economy / Economics / Re: Can Bitcoin Volatility Be Controlled? on: July 04, 2017, 02:43:41 PM
The volatility of bitcoin cannot be controlled by the people who are using bitcoin or the people who just want to control it. Bitcoin cannot be controlled because it is not owned by anyone and it is only depending on the buyers and sellers in the market so as long as there is buyers and sellers in the market then the volatility will continue and it will not make any change for that.
5264  Bitcoin / Bitcoin Discussion / Re: What do you think are the biggest disadvantages of Bitcoin? on: July 03, 2017, 02:44:24 PM
The biggest disadvantage of bitcoin for me, is when it is very volatile, even though there is a lot of people that are wanting for a very volatile price of bitcoin but for some of the users it is an disadvantage for us because it can trigger doubts for bitcoin and it will lead bitcoin for gaining low trust because the price of bitcoin is dumping and pumping.
5265  Economy / Economics / Re: If you have a lot of bitcoin, should you spend it or save it? on: June 30, 2017, 06:08:42 AM
I will just save it for long term and i will not spend it because it is not a good idea for me to just spend bitcoins to useless things while i can just hold it and let the value of it grow into a bigger amount that i can enjoy on the bigger things after a few years. I won't settle for small happiness because i want extra ordinary happiness like spending my bitcoins to buy a new sports car.
5266  Economy / Speculation / Re: downtime soon ? on: June 30, 2017, 05:50:45 AM
I don't think that there is a downtime but if its occurs then i will just buy more and i will not sell anything because my goal is to hold a lot of coins as much as i can and sell them after at least 3 years of holding. That is my goal for this year and i don't think that it is best to short now because shorting will not make me millionaire but long term holdings will do.
5267  Bitcoin / Bitcoin Discussion / Re: Afraid of August One? on: June 30, 2017, 05:07:43 AM
Yes i am afraid for the fork in august one because i am thinking that maybe the price will dump if the fork will not become successful and a lot of people just dumping their bitcoin because of the hype so i just holding my bitcoins right now, it is a hard earned bitcoin so i don't need to sell it and i am preparing some my own money to buy more bitcoins if the price will dump in august one.
5268  Economy / Economics / Re: Bitcoin prices rise high on: June 29, 2017, 03:42:47 PM
The bitcoin price is rising because of the new people who are getting into bitcoin and the demand that they make in the market that decrease the supply. If the people will get more interest in bitcoin then the price of bitcoin will go higher and it will continue to rise until it will hit the resistance and it will go down again so we can have a chance to buy more.
5269  Economy / Economics / Re: Make money from money on: June 29, 2017, 03:13:28 PM
This is right because we need to make money from money or make our money work for us and just have a passive income because in this world we can't always work for money and earn a lot of money depending on our abilities. We should find some ways to make money from money and make it as a passive income so we don't need to worry for the earnings anymore.
5270  Bitcoin / Bitcoin Discussion / Re: how to store bitcoin for long term? on: June 27, 2017, 01:35:08 PM
Just print paper wallet because it is very easy to create and it doesn't need too much money to create it because you'll just need to print it from the paper and secure it by placing it to the safe places like in the vault or in a zipper bag so it will become a water proof. Paper wallet is one of the most trusted offline storage and i think that it is the best because of its affordability.
5271  Economy / Economics / Re: Bitcoin reduces unemployment on: June 26, 2017, 02:12:11 PM
If bitcoin will offer regular job to the people out there who doesn't have any job then it will probably reduce the rate of unemployment but if bitcoin will just give part time job or not stable job then it is not counted as a stable job or regular job so i think bitcoin is not yet enough for the people to tell that they have their own job because bitcoin is not yet stable.
5272  Economy / Speculation / Re: BTC will be back in $1,000 ? on: June 26, 2017, 01:37:03 PM
We don't yet if bitcoin will back to $1,000 because the market of bitcoin now is showing some strong support for the dumps that already showed in the past few hours for this day. If you are going to ask me about that then i can say that it is impossible now for bitcoin to get back to $1,000 because there is a strong support and the event incoming for bitcoin might create a panic buying hype that can boost the price to a higher level.
5273  Bitcoin / Bitcoin Discussion / Re: Bitcoin is the ticket to heaven ... on: June 23, 2017, 10:31:01 PM
Bitcoin is the ticket to wealthy lifestyle, that is the right term for me because of the use of bitcoin it enables us to make a lot of money and also get a chance to become rich or wealthy person after a few years of working hard to this kind of field. If you are a hard worker then you can reach being rich after 2 years of doing bitcoin.
5274  Bitcoin / Bitcoin Discussion / Re: Hotels accepting bitcoin on: June 23, 2017, 10:19:54 PM
I think there is no hotel available that accepting bitcoin because it is not that popular currency and most of the hotels doesn't even understand what is bitcoin and how it works so the possibility for accepting bitcoin is not that high yet and it will take time to be able to see a hotel that accepting bitcoin on their business.
5275  Economy / Economics / Re: Where did you first heard about Bitcoins? on: June 22, 2017, 03:53:39 PM
I heard bitcoin when my friends told me this kind of opportunity at a mall because i'm just roaming around and i saw him that he is using his laptop and he is doing something and that got me curious about it so i just ask him what is he doing and he told me the word bitcoin and i don't even know what is bitcoin so i just try to watch him to get some ideas on how it works and now i am independent in the bitcoin world.
5276  Economy / Economics / Re: Is bitcoin now the strongest currency in the world? on: June 22, 2017, 03:39:04 PM
Bitcoin is not the strongest currency in the world because it needs a lot more money on its market capitalization to say that it is the strongest currency because there is still a lot of currencies that are standing out aside from bitcoin so it is clear that  bitcoin is not the best or strongest and it is still need to prove itself.
5277  Economy / Speculation / Re: Will we ever see bitcoin lower than 1000$? on: June 20, 2017, 03:58:37 PM
The price lower than $1,000 is possible just think the about the things that can make it happen like a panic selling and we all know that there is some people who got thousands of bitcoins and they can dump the price lower than $1,000 if they like to.
5278  Economy / Economics / Re: Invest your bitcoins. on: June 20, 2017, 03:48:20 PM
I don't like to invest my bitcoins into something because i believe that the bitcoin is already an investment and i can only be sure that i will get profits when i just hold it for long term. Bitcoin is the best asset that i have now and i don't have any plan for spending it into something like buying some coins for future investment because i am only a bitcoin believer.
5279  Bitcoin / Bitcoin Discussion / Re: How to explain bitcoin to teenagers or children on: June 19, 2017, 02:18:39 PM
It is not that hard to explain bitcoin to teenagers because they can easily pick up the things that you will throw to them like the things that they need in order to make transactions well and also the things that they need to remember while in case of the children it is hard for them to understand because they don't have that exposure too much.
5280  Bitcoin / Bitcoin Discussion / Re: What were your experiences with Bitcoin when you first started? on: June 19, 2017, 01:33:27 PM
When i was just started in bitcoin it was a very confusing moment because i don't know if i will use all the faucet sites and also invest to the hyips that are promoted by the people in different site so it was not that organize start but after a few months of using bitcoin, i clear some confusions and now i am able to determine a site or investment site if it is good or not.
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