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681  Economy / Economics / Re: The future of the paper money on: June 22, 2016, 04:58:42 PM
The era of paper money is coming to an end, IMO.
Soon it will be entirely replaced by electronic/plastic analogues.

Oh look like you thinking is way too much. Paper will money will exist in decades. Virtual currency are meant for virtual transations same with fiat currency are for fiat transactions.

No way virtual currency can touch physical transaction without an active internet network.

Yes paper money will always exist and survive and I don't think it has any threat from paper money in future, as the customers of paper money are more in compare to bitcoin.
682  Other / Off-topic / Re: What do you do with your btc? on: June 22, 2016, 04:55:14 PM
Right now I am not doing anything with bitcoins that I hold, I am trying to earn and buy as much as possible as price has gone down, and will prefer to hold for the halving.
Well i think this is the better way right now because the price is reduce. but i already made a profit when the price is 700 above i sold it before the drop price happens.. and now i buy bitcoins again ..and hold tight and i think its a long journey again that price of bitcoin will increase we dont know what will happen after block halving but i decided to hold bitcoin until block halving..

That is a perfect strategy to follow, sell when you know that you will crack some profits and wait for price drop to buy it again and that is the best way to play with your coins.

Exactly as what traders do. They are taking profits once they think that the they have earn enough profits or they feel what will be the trend for other day.

About holding, it's really depend on a person holding their coins. But make sure that you take closely to the coins that going to hold because we all know that bitcoin price is really active in terms of volatility.

See at today's drop price fall extremely today, its below $640 now and we were expecting $800 at this stage, so you should sell your coins when price goes higher and now its better to hold.
683  Bitcoin / Bitcoin Discussion / Re: Enormous ways to earning Bitcoin on: June 22, 2016, 04:49:20 PM
The longer you stay at BCT, the higher chances you'd earn because opportunities can be found from a lot of sections in the forums. Signature campaigns are worth the time and effort because it yields a good amount of extra income, and the higher your rank, the bigger are your earning potentials.
You could also earn from holding your bitcoin until 2020 (till 3rd halving) who knows if the price of bitcoin that time will be a tremendous amount. If you hold a large amount of bitcoin and make it into the future, you'd be sitting on a fortune. In my perspective, this is an easy and effective way of earning with bitcoin enormously.

That's true but the fact is people don't have that high level of patience to hold so long, people will sell their coins when it will reach $1k mark.
684  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: June 22, 2016, 04:47:47 PM
yes i am holding my bitcoin for price increase.
Am also holding my BTC to value get increased. However when compared with a day before yesterday its bit low today. There are more fluctuation in BTC. So dont expect for more. It will be enough increase till around 720$ for now. If more. We welcome

Also I don't considered price today as low. Look at how the price increase in just a matter of days. Weeks ago we are hoping for $500 and now we passed it much going to what is the current price is today. So still it's a high price.

Its a higher price for sure but when it touched $750 last week people started to expect high from it, and now no one likes to see the decline in price.
685  Other / Off-topic / Re: 2017 Year of the Bitcoin on: June 22, 2016, 04:46:06 PM
Bitcoin will keep rising. The uptrend was just temporarily interrupted to shake weak hands and get more BTC from ETH bagholders.

Yeah. I don't think why people are sad and worry about the latest price decrease. Didn't they know that because of the price decrease they can able to buy again at those lower price before the trend.

When the price increase will happened Im sure I will see post here about regrets that they didn't able to buy at today's price.

Price is at $638 now and we may see even more decline in price by tomorrow, but still this price is good to buy and now not sure what will be the price at halving.
686  Economy / Speculation / Re: When are you selling your bitcoins? on: June 21, 2016, 08:15:11 AM
Im going to sell my bitcoins when the price is highest at this point. Maybe at the end of this year the bitcooin will rise up to a nice price.

I think you should sell some of them at halving, as price will be really higher at that time, and we don't know what will be the exact scenario after halving, price may fall after the halving.
687  Economy / Speculation / Re: BTC is going up and up on: June 21, 2016, 08:13:16 AM
It is really nice to see that Bitcoin is rising and that is because the price was already stable and there are a lot of people that is still holding their Bitcoin so that is nice.
And you of course dont even know when it will stop rising and that is the problem.
Too bad, because for now we see it's value suddenly dropped for $50+ but it stayed at $705 something. I just hope it will not drop again anytime soon.

Just what I observed lately, the price is slowly making its way up again. Its just that it is really slow cause it takes 2-3 hour to increase it's value by $5.

Well this is somehow going to happen already, because the price increased rapidly. And maybe this is the side effect of the rapid price increase.
But for sure, after the halving the price of BTC will just going to rise and rise to the top.

Even if price has gone down at a moment we don't need to worry about it as it will again go higher when we reach at the halving stage, so at that time it will rise again.
688  Economy / Speculation / Re: Good idea to buy bitcoins now? on: June 21, 2016, 08:11:41 AM
Just bought $20 worth, with the intention of holding.  We just broke $700 on the downside so I'm not betting the farm. 
But that amount is only good if you are holding short term because it will not take you anywhere even if after 10 years.

$20 is indeed not the highest amount, but if he's happy with it then it's perfectly fine. Perhaps that he will buy in several $20 steps as it will add up later.

Buying in small parts is always good, as you always have an opportunity to buy in future when price falls, if you buy full btc and if price falls next day, you will surely regret.
689  Economy / Economics / Re: Mining coins save or sell it? on: June 21, 2016, 08:09:34 AM
When yoy're a miner it's hard to save your coins because you have to pay quite a lot of it in electricity. So I think most miners sell the coins they get daily and maybe a few do it weekly or monthly.
True and if you start to stock bitcoins and not sell and in case price decrease you might regret later. Better to work on the calculations you done and just stick to those. Though price would go higher and higher only from now.
Saving will be now the best option that you can do and that is because the value of Bitcoin is not even that high now and it stay rising so that is really nice for people who already have it.
And it is nice that you can have some profit soon with Bitcoin because it was stable for a long time.

Buying and saving for the future is the best thing you can do now, as price has gone down so try to collect as much as you can and hold for the future or sell when you see higher price.
690  Economy / Speculation / Re: Time to sell? Or to buy? on: June 21, 2016, 08:08:03 AM
Why sell? I think it is time to buy more because the price from being low a little, it is starting to rise again and that is the trend that we should be watching, for me that is the opportunity to buy.

Yes good time to buy now, price is relatively lower in compare to last week, so buying now is affordable to make good profits by selling at the time of halving.
691  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 21, 2016, 08:06:18 AM
Going on the bitcoin full time and quit your job can be very affective and profitable, the only downside is that it has a lot of risks.
This means you are putting your salary monthly as a risk to gain money with the bitcoin and that is just bad..
It has good and bad site. The bad site is when you earn bitcoin and the price of it goes down then it affects your in real life. But when it goes up then its great because it has additional profit.

Yes that's the possible thing that can happen. And worst if the price goes down , so your job will just be rated as a low payment for your work.
But if you have daily job and you are just treating bitcoin as an additional income. I guess that's not a big thing for you.
The thing is we failed to identify that bitcoins has offer a greater opportunity than the real job. There are a lot of people who got rich in bitcoins and even some of the developers who got succeeded are young people, they were able to spot the opportunity on time so if we will follow them, most likely we will also achieve like what they have accomplish to be rich.

Basically those are the early adopter who bought bitcoin at cheapest price, but that is not possible now, and we don't know what will be the price in future either it will be higher or lower, its not smart at this stage to go full time on it.
692  Other / Beginners & Help / Re: Pay Per Post on: June 21, 2016, 08:02:22 AM
Signature campaign is the first thing that comes to mind when you talk about pay per post. I think there are also twitter and facebook campaigns out there but I am not that familiar how it goes, since I haven't tried that. When I was a newbie, I started with just faucets and solving captchas.

Faucets and capchas are good at the primary stage, but over a period  of time you will find it boring and waste of time, best way to earn is from signature campaign.
693  Bitcoin / Bitcoin Discussion / Re: Are you holding your bitcoin for a price increase? on: June 21, 2016, 08:00:26 AM
Now that is down for a bit it is really a question for the price increase. So again traders will get some good profit here. So think again for holding too much coin in your wallet or trading it.  Tongue

At this stage I will prefer to buy some coins, as price has gone really down and this is the good price to buy if you want to earn higher profits at halving, as price may touch to $1k at halving.

really the right time to buy now, it's like a week ago when the price of bitcoin fall, and next week the price back to increase.
let alone halving a few weeks away, is sure to be increased.

Exactly, price will go higher at the time of halving, and if you are planning to buy some coins then this is the perfect time to buy, as price has dropped more then $50 since yesterday.
694  Other / Off-topic / Re: Do you still believe in bitcoin on: June 21, 2016, 07:58:36 AM
I joined up over here in 2012-13. At the time it seemed like a way to make a quick buck. Overtime as i read about it more and more, i became interested in the freedom it provides. As time has went on however, my interest and belief in bitcoin have waned. I won't get into the details of why, but i'm wondering what your honest opinion of bitcoin is, with a simple vote, and possibly an explanation.

Yes i still belive in bitcoins after all these years now, and i won't stop doing that even if bitcoin price will be very small like 10$

Bur now price is 700$ and still  rising up so this means that people buys bitcoins, so they actually still believe in bitcoins i think

There is no any reason to don't believe on bitcoin. it is not only about the price of bitcoin. I think bitcoin's price is important but it doesn't matter if bitcoin price decrease or what.
anyone who believe bitcoin they know that bitcoin is legit, and they will get profit for the work what they are doing for bitcoin.
price may drop some time (like whats going on today) but I don't feel that only because of price dropping we lose our faith on bitcoin.

Price fluctuation is a part n parcel of bitcoin ecosystem, and its not new to us and we are used it, if price drops today it will go higher in future, so I don't think we should worry about that.
695  Economy / Speculation / Re: 1 BTC = 1000$ in 2016 on: June 20, 2016, 05:34:44 PM
IMO the probability of it happening is about 50%. Considering the btc pump happening right now because of some factors, it is not impossible that a dump will happen soon. It is not also impossible that the price will continue to rise months from now so the probability of bitcoin reaching 1000$ each in 2016 is about 50%.

A couple of good days is all we need. With halving around the corner, we may even reach $1000 in July.
I would put the probability at over 50%
I think its impossible right now that the price will reach 1k value because more people are ready to dump their bitcoin one the price reach 800 value to 900 value and i think its hard to hit the price in 1k value.. as price today we see some people are dumping it right now..

Majority of people are holding their coins to sell at the price of $1k and that will be achieved very soon, so its better to hold our coins for halving and sell when price goes higher.
696  Economy / Speculation / Re: is it time to sell? on: June 20, 2016, 05:32:28 PM
Its not time to sell yet theirs 10 days still before july and surely we can see more price increase for this upcoming days and theirs no doubt that it will really happen since many people are still buying bitcoins for now and some other are still hoodling and i am one of them, but seriously i think we can see 1000$+ in this july since many people speculate it right and its nearly to be happen because price are closer for hitting to that mark.

There will be more price rise in the coming years. There will be price drop in the mean time, but the price will rise in long term.

Yep, wait for it. Don't buy yet. Wait for it. Don't buy it wait for it. BTC's price will go down for a bit and will shoot up again.

Yeah price will fall after the halving and that would be perfect time to make some investments, and current price is good to sell few coins and secure the profits.
Yeah right so i think the best to sell bitcoin when block halving is starting or the same day better to sell it because we already know many people are ready to sell their bitcoin.. so that better you will the first to sell so that you can make profit first before the price is dumping..

The best time to sell your coins is one or two days before the halving, do not t wait for the halving as anything is possible if you see better price in compare to past then you should sell it.
697  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: June 20, 2016, 05:29:25 PM
I will never quit my job for bitcoin as I have high paid job and that is allowing me to earn better in compare to bitcoin, so I would prefer to earn from both of them.
698  Economy / Economics / Re: Is it better to save money or invest it? on: June 20, 2016, 05:25:43 PM
I would prefer to invest in bitcoin at this stage, as I think its still the best time to invest in it, as if we look at the future then I think price will be too high by then.

Yeah if you want to invest for a long term then bitcoin is the best choice as everyone is predicting that price will reach to $10k in future or even more, that will definitely make us rich in future.

Agreed, bitcoin seems to be the best at a moment price is rising and it will be much higher after 5 years, so I will prefer to invest in bitcoin and get best benefits in future.
699  Economy / Economics / Re: Bitcoin or gold? on: June 20, 2016, 05:23:58 PM
I would definitely choose gold over bitcoin this is because I am planning to exchange gold which will require a lot of money then definitely after I would buy a lot of bitcoin and save some for future preferences and some will be used for buy and sell business and some will be given into some investments that will earn as much as I can. This will make me alive in the future whatever happens either loss or not at least I have something stored and safe. All of this will be what I might doing if ever I runs out of energy to work more.
You need to follow many rules and regulations when it comes to selling your gold, as you need to disclose all your income proofs, tax returns and that is really horrible, same doesn't goes with bitcoin.
700  Economy / Economics / Re: Why do you buy Bitcoins? on: June 20, 2016, 05:18:16 PM
buy bitcoin is a must today. bitcoin like gold. I invest in bitcoin more because I know bitcoin can provide greater profits in the future. strength and market share bitcoin so great.  Smiley

Bitcoin surely has a great future ahead but I think this is not the right time to buy as price is high now and we don't know what will be the price in future, its better to wait for price drop to buy bitcoins.
Yeah the price is high as of now but we are not forced to buy a whole bitcoin we can buy like 1/2 or 1/4 of bitcoin and just like what other users do, just hold our coins and wait for the right time and then sell our coins. I think i will my coins if the price reach $900-1k so i will get a $300-400 profit because i buy my bitcoin at the price of $600 Cheesy.
That's good that you will make good profits if it reaches there, but I think you were late in buying, I bought when the price was $250, so I am already into huge profits  Wink
The main reason for the most people that is buying Bitcoin is that they want to earn some profit with it and that is quite logic and that is nice.
But of course it is hard to know what will happen and you have also to buy it at the nice moment.

If you get more greedy then it will be surely a problem for you, but if you sell at the right time then you will enjoy profits, I sold when price touched $780 and I really don't regret for it.
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