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821  Economy / Speculation / Re: How long is Bitcoin life? on: May 24, 2016, 10:42:34 AM
BTC is going up and up daily..
May be come down also in the Future.
I want to know How long is BTC life?
what is that important thing that will control BTC price?

Thanks

i think that bitcoin will be alive will it will have miners,  and i don't think that there is a reason for them to leave their jobs,  so bitcoin will live atleast 1 year, or even more

and i think that bitcoin users controls price of bitcoin as if people buy a lot of bitcoins, it's price will rise, and if lots of people will sell their bitcoins, price will fall
Nobody will know how long Bitcoin will exist and that is the problem of Bitcoin because that have to change and many people are depended on Bitcoin but it is hard to predict.
As you can see now you see also that Bitcoin is becoming also more popular and used so that is perfect for the currency itself.

Bitcoin will survive for a long time, there is nothing to worry about it, and the fact is bitcoin is getting bigger and popular with the time, so bitcoin will not die soon.
822  Economy / Speculation / Re: is anyone going real long with bitcoin on: May 24, 2016, 10:39:55 AM
I am here since last 2 years and the journey is still on, my journey will end only when bitcoin will die or disappear in future, but I don't think that will ever happen  Grin
823  Economy / Economics / Re: Is it better to save money or invest it? on: May 24, 2016, 10:37:05 AM
both of them is good, saving for short time , so we can use our saving money for emergency state, we don't know anything, also we must invest for better in future, we can invest at finance assurance, or health assurance also we can invest at bitcoin.

It is better to invest now because the price today is somehow low not like the past weeks it is some what higher. So investing today is suggested
and it can help you to make money for the coming halving if you have saved some bitcoins today.

Yeah, price has dropped a bit. This is a perfect opportunity to get more bitcoin at a lower price. This maybe the last time it will be this low since in a few months it will be halving.  You can put money in bitcoin as an investment and when the pice gets high after halving, sell and earn extra cash.

If you have faith in potential and capability of bitcoin then every day is a a buy day, as at whatever price you buy you can expect higher price in future and you very well know when to sell it.
That's a good advice as I am also doing that regularly, I can say I am a real believer as I am more futuristic on the value of bitcoins. I will consider doing buying now as a passive income.

That is what we should do by now. All my earnings in bitcoin thru signature campaigns and other work that I do, I store them all in a wallet and save them until past halving when the price is really high. I can get more out of my earnings if the prediction that price will soar high comes true.

Buy it, earn it, and save it that is the best thing you can do at this stage, as price will rise at the time of halving so whatever you have saved will hold higher value in future.
824  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 24, 2016, 10:33:57 AM
Some people are never going to sell there coins because they are waiting for the future price that is going to make them rich. But is not sure that the price is going to be so high in the future.

I don't think they will never sell their coins, one day they will surely sell their coins when they see higher price, suppose if it reaches to $5k then I bet everyone will sell their coins.
825  Economy / Speculation / Re: how much gonna be 1 BTC in a year? on: May 24, 2016, 10:31:25 AM
In the last months the BTC price is increasing, how much u guys think the price gonna be in one year?


I predict that the price will be somewhere around $600 or $700. A year is a long time so many things can happen in the mean time maybe the price is even higher or it can also be lower.

It could be more, but i think it's better to wait until halving first then we can speculate how much the price for 1 bitcoin in the end of the year.

No one can judge what will be the exact price of bitcoin after 1 year, it would be better if we don't waste our time in thinking that and invest that time in earning it at a moment.
826  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 24, 2016, 10:28:46 AM
Quitting my job for the bitcoin is a whole sacrifice and I will never do this because I also have a family that I have to feed and because of that its not worth it in my eyes.

Of course you have to consider first you and your family's sake before you consider quitting your job and going full time on bitcoin. That will be very inconsiderate if you quit your job and you have no stable earning in bitcoin. Quit your job if bitcoin can provide more money than your current job can give.


Even if you are earning more in bitcoin then your job its not recommended to quit your day job, as bitcoin is temporary and job is permanent, no one knows how long bitcoin will survive.
827  Other / Off-topic / Re: what you like best in Bitcoin ? on: May 24, 2016, 10:26:36 AM
The best I like in Bitcoin is that you can make a lot of money with it and that is nice because there are still a lot of people that is holding their Bitcoin now.
And they know that the halving is coming soon so that can be nice for them if they are waiting for a higher value but of course you are not for sure.

Price will rise in future for sure but we need to wait for the right time when we can sell earn huge profits from it, and its also good to earn small profits on regular basis.
828  Other / Off-topic / Re: du you spend coins on real life. on: May 24, 2016, 10:24:28 AM
I never spend any Bitcoin in real life because there are just no stores that accept them where I am from. Maybe in the future that is going to change and stores will be able to accept them.

That is the problem that most of the users are facing, but its good then we can spend it online now as many sites have started to accept bitcoin as a mode of payment.
829  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 24, 2016, 10:22:45 AM
I try to bet 0.001 BTC on 9900X and win.
Also I try to make a big on sport bets.
I hope to win someday.

We all hope to win one day but if this really gonna happen is the question, gambling is depending on luck and if you do not have this luck its gonna be difficult.

if you always try a small bet to get something big, it's really difficult. though possible, but you will lose a lot of money.
but sports betting and make a parlay if you have a good knowledge, it is possible to get great results.

9900X will not win. It has very little odds. And if you bet small with good odds of winning, you will still not win if you do it in long term because house edge will eat you. Better go for YOLO and see your luck. One time big time. Or go for sports betting and use your knowledge in sports to get an advantage in betting. If you are good enough you can get profit. But gambling will not make you rich. It will just give you some profit/loss. 

you should forget about earning bitcoin through gambling all at once. it doesn't matter what strategy or multiplier you choose to play with. it is a bad strategy as long as you are thinking about making money this way.

For me gambling is the waste of time and money as I am sure that I am never gonna make it big, so I don't invest my money into it, and its really worst on my part if I depend only on gambling for living.
830  Other / Off-topic / Re: How to motivate women to use Bitcoin? on: May 24, 2016, 10:20:39 AM
If women are tech savvy then they will surely start using it but if they are comfortable with credit card and fiat they will never get into bitcoin for sure.

When it comes to tech savvy people both men and woman are into bitcoin. The thing is we need to attract the non tech savvy persons, which in my opinion can only done by regular promotions for using bitcoin.

Its not easy to motivate non tech savvy people either men or women, if they are lazy and reluctant then they will never try to learn something new, they will continue with existing method that they are using.
Those people, both men and women, who are not very tech savvy are soon going to be forced to make use of technology to make their lives more convenient. The same goes for using and owning bitcoin. With the millenials making a large part of our global population, mass adoption could take place 10 years from now, or something better could come out altogether.

yeah and no one knows what will be the exact scenario in future, if bitcoin is accepted everywhere then we will find many more users and that will attract women too.
831  Economy / Speculation / Re: When are you selling your bitcoins? on: May 23, 2016, 07:10:25 PM
maybe if the price of bitcoin is already over $ 600 I have started selling my bitcoin little by little. if it happens that I get the advantage may be large enough that my every 1 BTC sale

If you are getting some profits with current price then you need to keep on selling your coins on regular intervals so that you can earn some regular profits from it.

Agreed as its never wise to hold it for really long time as we don't what future will show us if you can make small profits then you should be satisfied with it.
832  Economy / Speculation / Re: I AM HODLING on: May 23, 2016, 07:08:17 PM
I will hold most of my bitcoin until the price reach several hundred thousand dollar each, then I will use it.

The most people are holding the bitcoins because of the halving that is coming this year, the halving will let the price rise without any doubts.
Holding is now one of the best options you can take with the bitcoin if you do not know what you have to do with them.

Holding is good till halving and that is the safest way to earn some profits as holding doesn't involve any risk and it would good to sell coins when price goes higher at halving.

With the hope of price increase I too hold the earned bitcoin to experience the price increase on halving. As mentioned its not totally risk free because no one is sure about price increase. The same possibility for a price decrease is there on halving.

No one is sure what will be the price at halving but hoping for the best its good to hold for next few months as if price goes higher then it would be worth to wait for.
833  Economy / Economics / Re: If bitcoin price is $10.000, will fiat be worthless? on: May 23, 2016, 07:05:30 PM
The fiat will never be worthless in my opinion because you can still convert them with each other and that it would still remain its worth in my eyes.
Of course for bitcoin still can not stand alone in that they are still trouble in finding merchants that accept bitcoin as a payment
and users will still have to convert bitcoin them into fiat. the fiat will always be valuable for the entire bitcoin and its users
Yeah if there's no fiat bitcoin is not worth or has no value.. so i think bitcoin is just like a gold or silver but you can only see it in online and its not a physical like fiat..
both will not replace each other, because both need each other. and bitcoin will not be made into a physical, it can be easy for people to make false physical shape.

If bitcoin gains physical shape in future then it can challenge fiat to some extent, but I don't think we will ever see bitocin in physical shape and people who find using fiat easy will continue to use it.
834  Other / Off-topic / Re: Will you quit your day job to go full time on bitcoin? on: May 23, 2016, 07:02:33 PM
You got my point. In our permanent full time job we are receiving a fixed income monthly, so there is a sure income. While in bitcoin, it really depends on the time you can spend to earn it. That's why what I'm doing is, both full time job and part time bitcoin job. And that's really  helpful  and convenient way for me.

I think only those well known faucets, sportsbetting sites, gambling sites and trading sites are the ones who are getting a decent income in bitcoin.
And also the freelancers that accepts bitcoin as their payment.

You can add those who can decently trade. I think traders can earn enough to be able to quit their day job and focus on trading bitcoin and alt coins. They can really earn more than enough if they get lucky. For us signature campaigners, it is better to do it part time and focus on day jobs.

Yeah and I think to be a full time trader you need to have a good capital to start off then only you can enjoy some profits which is not possible for each and everyone of us who are earning only from signature campaign.
835  Economy / Economics / Re: Is it better to save money or invest it? on: May 23, 2016, 06:58:52 PM
both of them is good, saving for short time , so we can use our saving money for emergency state, we don't know anything, also we must invest for better in future, we can invest at finance assurance, or health assurance also we can invest at bitcoin.

It is better to invest now because the price today is somehow low not like the past weeks it is some what higher. So investing today is suggested
and it can help you to make money for the coming halving if you have saved some bitcoins today.

Yeah, price has dropped a bit. This is a perfect opportunity to get more bitcoin at a lower price. This maybe the last time it will be this low since in a few months it will be halving.  You can put money in bitcoin as an investment and when the pice gets high after halving, sell and earn extra cash.

If you have faith in potential and capability of bitcoin then every day is a a buy day, as at whatever price you buy you can expect higher price in future and you very well know when to sell it.
836  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: May 23, 2016, 06:56:07 PM
I think title is misleading. It must be like,
You should never sell your bitcoins until it is known and in use everywhere. Then you can spend.
Yes, but I think people with enough common sense know that OP isn't literally saying that you should never ever sell your coins.

How else will people get to enjoy making profits when they will never sell their coins, right? That doesn't make any sense.

Exactly, we are earning or buying coins to make profits from it and if you will never sell your coins then what is the purpose of holding it, sell it whenever it allows you to make profits.
837  Economy / Speculation / Re: If bitcoin dropped to $1, what you do? on: May 23, 2016, 06:53:57 PM
If its gonna drop on $1 ill buy all of my savings to buy for it eventually it will rise. even if it will rise $10 only it will cost a lot of it. Maybe its the time do so and sell apart of it. Like always traders do Sell High Buy Low that's strategy will continue generations of generations and it will still be the same whatever the cost.  Grin

Nope it will rise again to that value we have to think that what will be the reasons which will drop the price to $1, and will that reasons be solved/removed easily which bring bitcoin to $1, I think it will be a great and unrecoverable crash for the life of bitcoin which will be not easy to resolve...

But there is very less possibilities that price will fall that low in coming years, bitcoin is getting bigger and bigger everyday and we can expect higher price is in future so this low value is not possible.
838  Other / Off-topic / Re: What is your plan to get rich with Bitcoin? on: May 23, 2016, 06:50:47 PM
I´m just gonna hold some bitcoins till the end of this year and wait on the halving, hope fully it will be profitable so I can become rich this year.

Even my plan is to get rich by just holding the bitcoins and some time trade the bitcoins to earn some fast money. I think holding is also one of the best things you can do due to the halving that is coming. So all we guys can hold the as much we can before halving begins!

We have to hold and try to collect as much as we can until we reach the halving, as if we hold more coins in our wallet then we can earn higher profits.

There is no guarantee that the price will increase significantly after the halving, it is still a speculation/prediction imo so we cant rely on this upcoming halving to earn profits.

yes you are right there is no guarantee for that. but if you have confidence with it, maybe it could be good. because bitcoin after halving will be reduced, it is likely the demand will increase because bitcoin is increasingly rare.
And bitcoin will increase for sure because some store here in my country planning start accepting bitcoin as payment and more demands less supply result price increase,..

Bitcoin will achieve new heights in future for sure but we don't know when the right time will come when can see the best price of bitcoin, as its really difficult to predict.
839  Bitcoin / Bitcoin Discussion / Re: What to do with 1,5 BTC? on: May 23, 2016, 06:47:55 PM
I think prefer to save and find a way to double or invest it or bet on casino games finally in forex or will be good investing

Are you expecting that you will double it in gambling? Well that can be the worst way to loose all your coins in a single shot, better to hold till halving.
840  Other / Off-topic / Re: Why do YOU know Bitcoin? on: May 23, 2016, 06:46:17 PM
My friend told me about bitcoin and about this forum so I started to spend time here and tried to collect as much information possible related to bitcoin.
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