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1201  Bitcoin / Bitcoin Discussion / Re: Do you still keep a fiat retirement account? on: March 18, 2016, 09:15:42 PM
What's wrong in having an fiat as an retirement account? is there something wrong in it? No doubt I have faith in bitcoin too but I have more faith in fiat as I believe in reality.
1202  Other / Beginners & Help / Re: Doubling Bitcoin? on: March 18, 2016, 09:13:11 PM
If you are investing your money and time in any site which promises you to double your bitcoin then you are taking a very high risk as that is simply impossible.
1203  Bitcoin / Bitcoin Discussion / Re: What's stopping people from using bitcoin? on: March 18, 2016, 09:11:05 PM
Lack of awareness and lack of knowledge is making people to stay away from bitcoins and also the price fluctuations is a major factor responsible for that.
1204  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: March 18, 2016, 09:07:02 PM
Yes I'm holding them for a price increase because I heard many things about the halving and it would be good so that is why.
Its just a matter of time before the halving will let the price rise to a higher moment.
yes we have waited too long so lets wait for some more couple of months,and i think its worth to wait for as we would experience better price of bitcoin.
1205  Bitcoin / Bitcoin Discussion / Re: Is bitcoin being used for illegal activities on: March 18, 2016, 09:04:49 PM
I am using it it for gambling online and in my country gambling is illegal, So am I using it for illegal activities?? I don't think so the only thing we need to take care is that we not involved in any criminal activities, rest everything is fine.
1206  Bitcoin / Bitcoin Discussion / Re: Storing of Bitcoins is against Bitcoin. on: March 18, 2016, 09:00:50 PM
Storing it for too long is against bitcoin, but if you spend it on regular interval then everything is fine, spend your coins guys and that's the reason you are earning it.
1207  Other / Off-topic / Re: Bank or Bitcoin Wallet? on: March 18, 2016, 08:58:46 PM
I would go for the bitcoin wallet because it has more security and I trust it more than any bank.
With a bank always someone is watching your account, the bitcoin is self controllable.
Very rightly said mate you are the owner of your own bank and no one can access how much funds you hold in your wallet, I would choose bitcoin wallet for sure.
1208  Other / Archival / Re: should i save btc for future? on: March 17, 2016, 10:03:01 PM
i have a little doubt about btc price in future.should i save btc for increasing value of bitcoin?

or maybe price of btc will be down in 5-10 year
just imagine about future of btc and tell me should i save bitcoins for future or not...?

well if you're afraid to save them for 5-10 years, then you can save for one or two years only, that won't hurt you, also price in near future should rise only, halving, people are afraid now and they buy bitcoins just for halving to sell them for more, that will rise price for sure

so if you'll save bitcoins for later, you should win only


Yes, save it for limited years, rather then thinking of next 10 years, bitcoin will always allow you to buy and sell when there is price fluctuation, so no need to worry about that.
1209  Economy / Speculation / Re: It is Buy time! on: March 17, 2016, 10:00:54 PM
If this is really the price a lowest bitcoin ever and never cannot go lower than this then it is really a buy time. As long as you have enough money to have bitcoin as you can go this is a good negotiation for future investment. I would really love to buy them at my most less price..

We cannot predict that current price is lowest or not, no one can be sure about that, but if you feel that this price is good to buy and it will rise in future then you should buy it.
1210  Economy / Speculation / Re: BTC price for 2016 on: March 17, 2016, 09:58:44 PM
above $500 is easy to reach in 2016 to i have voted for that option. but the hard part is to rise to above $700 and more which everybody is speculating these days because of the halving.
But I think after halving it will not hard for it to reach to $700 , I think with halving it is also a possibility to reach the price of bitcoin to $1000, and may remain at that value for a long time.

Market predictions says that we can reach to that value by the end of this year, and it is quiet possible as halving is the added advantage we have this year.
1211  Economy / Speculation / Re: BTC to 5000$ soon on: March 17, 2016, 09:57:01 PM
I think this can happen but it will take a lot of time before its even possible in my eyes, its all a matter of time of course but it will not happen in my eyes.
It can this year go to the max of 1k if I'm honest.
Yes, maybe in the future it happen just like the price raise from $0.25 to $1200 within 3 to 4 years, so if look to it is a possibility that it will also happen in the near future and maybe after some longer time.

Yes this value seems to be achievable in next 5 to 10 years, as we will have more users adopting it and many shops accepting it which will attract more users to start using bitcoins.
1212  Economy / Speculation / Re: Where do you see bitcoin in 10 years on: March 17, 2016, 09:55:00 PM
I see it ran by a bank, What do you think?

bitcoin bank, hmmh, i don't think that there would be any use from bitcoin bank

i think that bitcoin will be everywhere, in stores of course, would be nice to go to grocery store and pay with bitcoins instead of money, like alternative money

Banks will eventually develop and launch their own 'bitcoin'. They have invested lots of resources already in the blockchain technology.
It's just waiting now when they come with something new.

Eventually making their own bitcoin won't be successful. The new coin getting created will not be a decentralized one. It would be controlled by the banking corporates. This will grow to a standard value.
Yes after 10 years there will be a time when the bankers and government will have involved in bitcoin and they may have done a lot of modifications in there or may have developed its own controlled bitcoin.
Yes I don’t think that any other coin or bitcoin will come and establish instead of bitcoin, the bankers will adopt bitcoin and will develop advance technology for it to manage all the issues/affairs relating to it.

Do your really think that banks will start adopting bitcoin technology in their system, as if bitcoin is threat for them at a moment then in future also banks would be scared of bitcoins.
1213  Economy / Speculation / Re: I AM HODLING on: March 17, 2016, 09:52:21 PM
The most people are holding the bitcoin because there is a lot of profit that you can make by holding them right now.
The fact is even that you can become rich by just holding your bitcoins due to the halving this year and the future it has afterwards it.

Yeah and  I think this  is the right thing to do as the price would be good at the time of halving so majority of us are waiting for halving so that sell at that time.

The only thing would like to suggest is that if you are getting some profits today then do not wait for tomorrow as you never what's gonna happen next.
1214  Economy / Speculation / Re: Can bitcoin rise up to 800$ this year ? on: March 17, 2016, 09:50:43 PM
Dont think it will rise that much, maybe 600$. Its pretty much stable now... A friend told me it could go as high as 3000$ in July but i dont believe its possible.

not sure who you friends are, but don't believe what they say. $3000 in juli is a big joke. we might be happy if we see the price reach $600-$700 before or after the halving this year.
yeah your right its impossible to reach the $3000 this year and i think the price will play around 600-700 or even 800 if we are lucky.. we will see the this value after end of halving.. Just lets hope the the value of bitcoin will reach 600 above.. and i know after reaching this value half traders i think will be dump so that the price will go back to 400 above..
But I don’t think that the price after reaching to about $800 will come back to $400, as all the users of bitcoin are not just buyers and sellers there are a lot of other features available other than trading.
Yes, there is a fear that the price of bitcoin will reach to lower again if everyone started to sell his/her bitcoin, we have to support and stay with bitcoin for longer time. And have to benefit with its earning at high price value.

Yes if the majority of people will sell their coins at higher price then we might experience price fall in future too which would be very disappointing.
1215  Economy / Speculation / Re: 1 bitcoin = 200k dollars on: March 17, 2016, 09:49:11 PM
This is possible but this should be proportioned with time. So if you're talking about 10years after, the probablity is 10% if 50 years then 50%. That's how I think it is.

This very high price to expect which seems to be impossible, if it reaches there then I would get retired from work and start enjoying my life.
1216  Economy / Speculation / Re: What price should I buy at? on: March 17, 2016, 09:47:31 PM
But it at the lowest price that is possible. Than your chance will be much higher to have some profit and that will be good.
But now is the value not that low so that will be not good to buy. It better if you wait when the value is lower.

It's quite simple actually.

Are you interested in a long term investment? Buy now.
Are you interested in a short term investment? It's up to you as the price can go up or down without a clear direction.

Yes, totally depends on an individual how he is looking at bitcoin, some wants to hold it for long run and many of them wants to make quick money by trading.
1217  Economy / Speculation / Re: Will Bitcoin be around in 5 years? If so, what's its price? on: March 17, 2016, 09:45:45 PM
The bitcoin will be still around but the price is not to predict because the bitcoin is now still unpredictable.
I think it will maybe be stable at a pretty high amount near the 900 dollar or something in that range.

No, I think the price would be much higher in next 5 years, it is predicted that the price of bitcoin by the end of this year would be around $1k so we can expect better price after 5 years.
1218  Other / Archival / Re: Should we sell btc? on: March 17, 2016, 09:43:34 PM
I think we should wait for a while and sell it at that time of halving, price not too high at a moment, may be halving can help us in achieving our dream value.
1219  Economy / Speculation / Re: Bitcoin will never reach $700 again on: March 17, 2016, 09:42:01 PM
The bitcoin will reach the amount of the 700 dollar, because of the halving that is coming this year it will be a easy target.
I even think it will go to a higher amount this year so around the 1k.
There are full possibilities that bitcoin can cross $1k mark by the end of this year, as haling is coming which will help to improve the price of bitcoin.
1220  Economy / Speculation / Re: Bitcoin will rise? on: March 17, 2016, 09:40:28 PM
Yes the bitcoin will rise to a high amount for sure its just a matter of time before this will happen.
The halving is coming and the bitcoin is growing in users, so it will be rise for sure without a doubt.

Yes and its rising at a moment and it will continue to rise in future too as we are seeing more and more users entering into bicoins that will take bitcoin to a next level.
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