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1441  Other / Off-topic / Re: what you like best in Bitcoin ? on: November 27, 2015, 01:01:47 AM
I like its price fluctuation. It has evolved as a good asset to invest on for the long term investor as well as for day traders.

Not only as assets bitcoin is good,easy and faster,cheaper payment solution for world.

Yeah, and bitcoin trading is available 24/7 no weekends, no public holidays and that is the best thing about bitcoins, and also the volatility of bitcoins makes it more attractive as people who wants make quick money I believe for them bitcoins trading is the best as compared to forex trading.
1442  Economy / Economics / Re: Bitcoin or gold? on: November 21, 2015, 03:02:48 PM
Thats a good question. To be in safer side I will invest 50 - 50 in Bitcoin and Gold. Smiley

And this is the best move.  +1

Everyone should to know, to not invest only in one thing. It is safest to distribute investments in a few things.

Exactly, diversification is the key to success, be smart need to make investment in different products so even have to suffer losses from one investment can easily recover it from other, and I believe that the best investment at the moment is to invest in real estate as the prices keeps on increasing day by day, you can make a huge profit out of it in the future.
1443  Economy / Economics / Re: What's your guess on the price of bitcoin for Jan 2016 and July 2016? on: November 21, 2015, 02:59:52 PM
No one can actually predict bitcoin price.But I firmly believe that bitcoin price will go up in the future when more people come into the ecosystem. But who knows when that will happen.

Yeah, predicting the price of bitcoins is just a waste of time, as what we predict cannot be right at every time, but yes I guess that price of bitcoins for Jan 2016 would be near $1k and I really wish that it should reach up to that mark in the coming months then we would be able to make some profits out of it, lets see what happens.
1444  Economy / Economics / Re: Thoughts on "holding" Bitcoin on: November 21, 2015, 02:56:03 PM
Well when I have 5 BTC than I am just holdng 3 BTC and 2 BTC for spend like my dollar.

Let say I earn 1000 dollar so I just save 600 dollar and sace 400 dollar.

I am holding bitcoin is because I believe some day (5 years) Bitcoin will rich 1000 USD and when that happends I have enough money.

This is the true potential of Bitcoin. Not all currencies are a investment thing. But Bitcoin can be used as a currency and as a investment thing.Bitcoin's value increases day by day and is accepted almost everywhere for transactions. I came across a thread where someone stated that he is having drinks from a nearby coffee shop with bitcoins.

That's what I like about Bitcoin. It can be used in many ways. It can be used as currency, as store of value, instant payment system, tipping tool and so on. Bitcoin can be of great value for everyone. People must just be open for it.

Yeah and holding bitcoins at a moment is a profitable thing to do, as we know that the value of bitcoins will increase in the coming years and yes don't wait too long, if you see the price increase in recent time then sell a part of bitcoins and make profit out of and buy again when the price falls down, good way to make profits  Grin
1445  Economy / Economics / Re: what your plan for future ? and how to manage your time ? on: November 21, 2015, 02:51:39 PM
my plan for future is buy bitcoin for investement,i will not touch it until the price relly high. itwhy i'm very wish that bitcoin price will going up several year again.
i always manage my time,start from my college,i have many dream,one of my dream is make bitcoin accepted in my country,and someday i wish i can contribute to bitcoin,and its make me feel proud.

Yes, good plan and good thinking, my plan at a moment is to keep on earning bitcoins and keep it safe for the future, if the price falls down then I would even plan to buy in bulk and wait till the price goes up and I hope that people in my country starts using bitcoins and merchants starts accepting bitcoins as a mode of payment.
1446  Economy / Economics / Re: Anyone here part of "1 million club"? on: November 21, 2015, 02:48:36 PM
Im group of "1million club" at year 2050
i hope it  Cheesy

1million club is not easy, if we are born as ordinary people

Exactly its never gonna easy to have 1million BTC in wallet, if you are only dependent on signature campaigns, and yes we would try our best to be a part of it, but its gonna be a long way to be there, to have 1 Million BTC in your wallet I think gambling is the only option which can take us to that level but it totally depends on luck and to win 1 million I think you should have a good amount of BTC to invest.
1447  Economy / Economics / Re: How To Create Price Stability on: November 21, 2015, 02:44:17 PM
In my opinion
Bitcoin never can be stable at long time
we know bitcoin is decentralization, so no person can control it


Yeah, I don't think can we can have a control on bitcoins when it comes to price stability, the factor of price stability is external and no one has control over it, we just need to go away with the flow and hoping that the value of bitcoins will keep on increasing, even if the adoption level goes high it is very difficult we cannot be sure that price would be stable.
1448  Economy / Economics / Re: What is the best way to invest/grow your Bitcoins? on: November 21, 2015, 02:41:09 PM
Well it is hard to invest bitcoins somewhere currently.
I mean hacks happen lot and lot more so how can you trust?
So only okay option looks like gambling but I don't think we can count it as investment.


Yeah, gambling is not considered as an investment but yes you can multiply your bitcoins in a really quick time if luck favors you, either you win or you loose everything depending on the luck factor, but gambling is not preferable, instead we can grow our bitcoins by trading and again it also involves risk but if you have right strategy you can make some good profits out of it and if you want to play safe then signature campaigns are the best to grow your bitcoins.
1449  Economy / Economics / Re: Bitcoin or Gold? What would you pick? on: November 21, 2015, 02:36:42 PM
I will choose both of them.
Bitcoin and Gold plays an important role in my life.

Investing in both gold and bitcoins is the best thing to do, as we don't know what is the future of bitcoins, but yes gold is ancient and used since thousands of years, so people have more faith in gold as compared to bitcoins, so it is better to invest in both.
1450  Economy / Speculation / Re: How many bitcoins do I need to retire in 20 years? on: November 21, 2015, 02:34:31 PM
If don't know the real value of BTC this is mere speculation: I said 21BTC and I'll stick to it. 21 out of 21millions seems good number to me.
I can wait

Yeah 21 is a good number to hold, but how much we need at the time of our retirement will totally depend on the value of bitcoins at that particular time, like if the value of 1 BTC is in millions then even 1 BTC is enough to have a good life and if the value keeps on falling then even 100 BTC will not serve the purpose, it is very difficult at present to predict how much we should hold at the time of retirement.
1451  Other / Off-topic / Re: Do you actively spend your bitcoins? on: November 21, 2015, 02:30:14 PM
Yes. I am spending them when I really need something to buy.
I hope the price of bitcoin will become more higher.

Yeah, its better to spend few of them and rest keeping safe in wallet, I spend my bitcoins every week as I need money for my basic stuff, so every weekend I convert my few bitcoins to fiat currency and take care of basic expenses keeping my salary intact, but its always good to see higher price of bitcoins and sell at the right time.
1452  Economy / Economics / Re: If Bitcoin goes up very high should i buy a house? on: November 21, 2015, 02:26:54 PM
Investment in Real Estate is a play safe methodology when compared to Bitcoin investments. So I would surely buy a house if Bitcoin Price goes up. For me I have a minimum threshold which if reached by bitcoin I will sell 25% of my stack to buy a house or a land.

Yeah, everyone wants to buy a house and a car with bitcoins, but the problem is will we able to make a payment in bitcoins when it comes to buying a house? I mean do you think that the person who is selling his home is aware about the bitcoins and will accept bitcoins as a mode of payment? What if he demands to pay in fiat?? Time to think.. Grin
1453  Economy / Economics / Re: How to save money. on: November 21, 2015, 02:23:15 PM
It is best to do both. Increase income while reducing expenses. Removing unnecessary expenses like going too often to movies and eating out will increase your potential to save money. Also you have to avoid using credit cards.


Yeah need to cut down expenses in the best possible way and try to postpone expenses for the future that would definitely help in saving money, and can also invest a part of money in some systematic investment plans which would be helpful in future at the time of emergencies.
1454  Economy / Economics / Re: The future of the paper money on: November 21, 2015, 02:20:23 PM
It will take years and years for paper money to be banned and for digital currency to take over.

The risk of this will be hackers, there's a bunch out there and it's not completely save.

Believe me, there is more "hackers" working with paper money, fiat, than with digital currencies, from my point of view we will be more safe with crypto than with all those fiat guys....

Ofc new "ways" to do "the same" will come, but it will not be as worst as now with fiat money.

I believe that paper money will exist for so many years, I don't see any replacement for paper money in the coming years, If we talk about cryptos then they will be more popular in coming years but I don't think that it can replace paper currency as the market cap of paper currency is very high and there are users who will never leave paper currency.
1455  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: November 21, 2015, 02:17:34 PM
It is not a good idea for me. My earnings in bitcoin is not yet stable and I have mouths to feed. So I am still very reliant on my day job's paycheck. When the time comes that my bitcoin earnings can support my family, then I will consider leaving my day job and focus full time on bitcoin. Until that day, doing tasks for BTC would remain my side jobs.

you can start invest at bitcoin
save your earning from bitcoin and hold it

some people says at 2016 bitcoin price can back to $1000  Roll Eyes

That's exactly what I'm doing. I still have my job and do a bit of bitcoin on the side.

You may retire from your current job in 5 to 10 years regardless of your age if you earn and hold some 100 bitcoins in these period. I'm not joking, bitcoin price will hit $1000 in 2016 then in two years it may test $10k. Over all in next five to ten years, we can expect one million dollar per one bitcoin. Just calculate how much you need for rest of your life.

Everybody here discussing about quitting current job but you are saying about retiring from working for rest of life. I believe in bitcoin so in your words too.
Early retiring is a dream for everybody, only bitcoin has given some hope on my early retirement.

You cannot be 100% sure that bitcoin will help you in early retirement as we are not sure what is the future of bitcoins it might survive or simply disappear, so it is always better to have different options for retirement and quitting job for bitcoins doesn't sounds great as you have fixed monthly income in the form of salary, So doing both things together is the right thing to do.
1456  Economy / Economics / Re: How too get rich on: November 21, 2015, 02:13:54 PM
Make plans for the better future.
Think a good investment that you love to.
Make your job as a hobby.

I like what you said there "Make your job as a hobby" I know you mean. Do a job that you like.
Because earning money and you don't like the job you have is just a waste of time.
I agree with you Grin when you work your job with all your enthusiasm you will be more likely to be promoted which helps you make more money too!

That's true but how about having own business? I mean if you are a owner of business you will work more hard and try to multiply your investments in the terms of profits as you know more you work more you earn as in business you work for your own and not for any company who pays you a salary in peanuts.
1457  Economy / Economics / Re: Bitcoin is Becoming a Global Currency on: November 21, 2015, 02:09:37 PM
Yes bitcoin became very big globally accepted currency. It will eventually be used even in illegal position in some countries.
When it sees socially acceptance from basic users like young adults, it will be even bigger.

The good news is that we are successfully marching towards it, as there is a continuous increase in the users of bitcoins and people have started to take it positively and that is a really great sign for the bitcoin community and if the adoption level keeps on growing then bitcoins would surely become a global currency one day.
1458  Economy / Economics / Re: Is it a good long term investment to buy 1 BTC today? on: November 21, 2015, 02:06:05 PM
Not at the moment. The price is not stable enough. I would try next week as their is talk that it will drop significantly then you should buy 1BTC to test out.

Yeah, bitcoin's price will fall in the coming week that is what we predict looking at the present scenario, So it is good to wait for a moment and buy it when the prices fall down, and we never know how much it's gonna fall, So may be you can even buy 2 BTC with your estimated price and that would be an good investment for the coming future.
1459  Economy / Economics / Re: Is Gold the root of all evil? on: November 21, 2015, 02:02:41 PM
There is no devil.  Evil is sort of a human construct.  Gold has unique properties.  People like shiny things.

I was meaning it metaphorically. I`m not a religious person, yet I find wisdoms in ancient texts.

You have to admit that gold itself has really caused humans to behave in evil ways. And this is just "money" that is causing people to be evil, but there is some subtle evil aura around gold that makes people do evil things.

because gold is use a currency back then, and it has a value which you use to buy food and some other stuff.
even if let say sea shells where use as currency back then it will be the same as the gold it will cause people to do
evil stuff.

Yeah that is true, Gold has a great impact on the mindsets of the people as they would do anything to hold gold with them and that also involves some criminal offense which people does for the possession of gold, and it is traditional even the kings and emperors have done in the past.
1460  Bitcoin / Bitcoin Discussion / Re: BITCOIN IS STILL FAMOUS on: November 07, 2015, 04:32:31 PM
yes bitcoin is famous for his transparency

It is more famous because of the decentralization factor attached with it and there are many other benefits attached with the bitcoins and it is gaining popularity and it will gain more popularity once the adoption level goes high and it can surely become a global currency in the future.
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