Bitcoin Forum
May 18, 2024, 12:49:34 AM *
News: Latest Bitcoin Core release: 27.0 [Torrent]
 
  Home Help Search Login Register More  
  Show Posts
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 »
61  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Altcoins potential in a year from now (List) (25/08/2016) on: January 02, 2017, 10:59:40 PM
The best altcoin in the market is probably Monero, the problem is that, for a crypto which does not yet have a very large ecosystem, and with a limited user base, it seems to be overpriced. In addition, the proposed improvements will certainly be possible in the Bitcoin network, after the arrival of Bitcoin sidechains.
I'm seeing potential in the design of DAG coins, like Byteball, Iota.... Feel free to list any more.
62  Economy / Gambling discussion / Re: Do you care about bonuses on btc casino ? on: January 02, 2017, 10:42:25 PM
If you are talking about deposit bonus, i seldom took it seriously, the term and condition for getting the bonus is pretty difficult, so i prefer giveaway rather than bonus, and I never get any bonus in any site I played due to the high wager that I need to bet before I get the bonus
I personally have no idea about that, in fact I have invest a good amount of bitcoin in different casinos online as well as in real casino but still I never receive any bonus from any casino right now, this time I am going to demand for that.
I am considering the possibility of investing in some casinos, given the fact that I have seen reports of people who have had good results with this, at least in the case of people who knew how to diversify, choosing the right places to invest. But then I saw this information regarding such bonuses, something that is also out of my field of knowledge, but I will certainly seek to know as much as possible about it.
63  Economy / Economics / Re: Tell me your predictions about Bitcoin on: January 02, 2017, 09:59:02 PM
I predict $1000 US tonight, like in the next 7 hours.

i think the price will not be $1000 US but lets hope it will be happen tonight. i see on the chart in poloniex market, the line is going to be stagnan or maybe it will get down in a moment before its break another price and increase high.
Honestly we are now nearly touch according to movement of bitfinex price hits $999 and i think few more hours or days that we can touch in $1k vlaue soon and i hope that it can stay long in that value so that the price can be stay at that price and i think more people and company are using bitcoin that is why we are seeing the price was increased..

It is already $1,000 on kraken see this reference :
It reached $1,000 on Kraken a few mins ago!! Happy new year Bitcolleagues!! Wink

Those people who predicted that the price will be able to make it that the price will reach for next year(2017) from last year's prediction, it is now happening. For sure those lowly rate exchange will follow next.
That was a great achievement, the good thing was that it happened early this year. Certainly this is being propagated in the mainstream news, and high profile investors will certainly think more about the possibility of opening a Bitcoin business. Now the question is whether the price will continue to rise and break the record reached in 2013 or not.
64  Economy / Economics / Re: WILL BITCOIN BE USED BY ALMOST EVERYONE IN 2022? on: January 02, 2017, 09:42:08 PM
Im thinking more like 2020 and everyone will be using bitcoin in one form or another.

I don't even think that 2020 or 2022 is bitcoin is on total adoption by that time. 3 - 5 years from now on is still not enough to make the people use bitcoin. But thinking about its earlier years it went very far by now and it seems that many people are getting into it everyday. Still I don't think with those given years bitcoin is not going to be used by almost everybody.
although the number of bitcoin uses are increasing continuously, but still it is hard to believe that in 2022 almost all the people of the world will be using bitcoin at that time.
It is an unrealistic goal for a period of time of a few years. For this technology to have this kind of success, would take years and years in which people would have to spread the idea, so people would realize the importance of it. After a while, I believe the network effect would be very strong, and finally we would have a large percentage of the global population using it.
65  Alternate cryptocurrencies / Speculation (Altcoins) / Re: What is best PoS coin to invest into right now? on: January 02, 2017, 09:09:33 PM
I think that PoS coins are going to have hard times ahead, especially if Bitcoin keeps climbing in price. I think coins with better chances in the market will be those using DAG algorithm, such as Byteball and Iota.
66  Economy / Economics / Re: Why You Should Never Sell Your Bitcoins Ever on: January 02, 2017, 08:28:53 PM
Bitcoins are a great store of value but that doesn't mean that you should never sell, look what happened to the people that used to say "house prices will never go down" they lost the lot.

Just use bitcoins as an everyday currency, buy a few things online, a debit card for in store purchases and save the rest just as you would with normal fiat cash. This really only works best if you are currently receiving your pay check in bitcoins to start with but if not there are a few good companies that will handle the trade for you each week/fortnight.

I have never sold any bitcoin to get fiat. I just use it to buy things.

The problem is, in some country there are only few stores that accept bitcoin directly.  So the next option will be exchanging bitcoin to fiat to spend it for regular needs.   One example is here, in my country there is a service that let us pay for our bills, load credit to our mobile phones, they accept bitcoin but the rate is less than 3.5% of the actual buy price of bitcoin so we have no choice but to accept it to let us use our Bitcoin to our daily needs.
This is reality at the moment. But there are good reasons why things are still at this stage. Bitcoin needs first to achieve more stability in the market, so both customers and merchants will have more confidence using it. Another aspect is that some things need to be improved on the network, such as the scaling issue.
67  Economy / Marketplace / Re: Where would you invest if you had 40$/day ? on: January 02, 2017, 03:13:22 PM
If that gain is in Bitcoin, I would probably hold it, as a long-term investment. If it were a fiat currency gain, I believe a good way to invest that money would be to convert it to Bitcoin. We've already gone through the one thousand dollar range, but this is probably just the beginning. Many of the events that may drive the price this year have not even happened yet, so I think this would be a wise decision.
68  Economy / Economics / Re: Why do people keep saying BTC is dead?! on: January 02, 2017, 02:41:44 PM
Bitcoin appeared once - it was totally different from other payment systems. And since then, and say that Bitcoin is dead. In fact, the constant hype surrounding it. And always will be
If you allow the most vulnerable segments of the population - migrant workers and all those who do not have bank accounts - to exchange money at greater distances it will strengthen the bitcoin will not fidget and talk about the collapse.
There are countries where the vast majority of the population does not actually have access to a bank account. Some of the reasons are local restrictions, or many bureaucratic processes to open an account. With Bitcoin, these barriers are removed, you can create a wallet in an uncomplicated manner, in just a few clicks, and transfer funds to wherever you want.
69  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Best Altcoin to invest in for 2017 and WHY !!! on: January 02, 2017, 01:57:43 PM
Im a fan of doge, I know they arent as popular as others, but i think they are a safe bet to slowly increase over time
It's really difficult to know if doge will continue to rise with time. From what I read, the currency may have an unlimited supply, that means a lot of inflation. Moreover, I don't see many significant improvements in comparison to Bitcoin. I believe that what holds the currency where it is today is, first of all, the active community, also the fact that it has a relatively stable market and, of course, a combination of hype and FOMO.
70  Economy / Economics / Re: Recap at 2016, have you reached your financial goals? on: January 02, 2017, 01:01:00 PM
I wish I had taken more opportunities with regard to making certain investments. Many altcoins, in fact, fell dramatically in value in the last year, but there were many altcoins that had great results.
To make such investments it would be necessary to know very well each cryptocurrency, and thus avoid the risk of making wrong moves in the market.

I believe that in this year, there will be a smaller amount of opportunities to invest in altcoins, since the Bitcoin rising will negatively influence many of these cryptocurrencies.
71  Economy / Economics / Re: Bitcoin can not replace fiat on: December 26, 2016, 01:36:25 AM
Yes bitcoin can not replace fiat because many people have no knowledge about bitcoin also in new technology like our gadgets. More peole dont have smartphone or even a computer so its getting to hard that bitcoin replace fiat.
I think you have a point , most of the people in the world still don’t even know what bitcoin is and even the ones that have searched the internet or even heard of bitcoin never tried to get into it , so trying to replace fiat that everyone knows and they are used to using it every day with something new and advanced as bitcoin is really hard.
There is a number of obstacles... there are problems related to knowledge, because in fact many people do not know Bitcoin, and there are technical problems... maybe the biggest one is the problem of scalability, because it will take a long time for the network to have enough capacity to support such a large number of users. But many obstacles have already been overcome, and nothing prevents the network from continuing to increase capacity and stability over the years. The developers are there doing the best job for this.
72  Economy / Speculation / Re: The adoption boom is coming on: November 30, 2016, 10:15:31 AM
It's been coming for the last 7 years. It will continue coming for the next 70 years. It won't affect the price much. The only thing that can move the price is not the adoption, it's China.
China has influence, indeed, but it does not only come from the miners, it also comes from people adopting the currency in that country, since the local currency has a number of restrictions.

...and speaking of local currencies full of restrictions, I think the growing demand in India, which is another very populous country, will continue to have an impact on the price.
73  Alternate cryptocurrencies / Speculation (Altcoins) / Re: Is Gulden a good investment? on: November 30, 2016, 09:34:38 AM
I realized that they have remained strong in the market for some time, even without much hype, but there is all this premine stuff.
It may be a good investment at some point, but I'm not sure if this is the time to invest, because with the btc bull market in scene, the altcoins can have tough times for the next few weeks.
74  Other / Off-topic / Re: world without bitcoins......!!!1 on: November 30, 2016, 09:19:49 AM
Bitcoin is not banned in China, as someone explained. But even if it was banned, it would not make much difference, since Bitcoin, by design, does not need permission from central authorities to be issued and used.
75  Economy / Economics / Re: Investing Bitcoins? on: November 30, 2016, 07:29:59 AM
Investing into bitcoin is good these days and its also growing a lot, the only thing is that doing it now is pretty expensive and I think that waiting would be better now.
Maybe it's a little expensive, but considering the fact that the mining cost is quite high at the moment, I do not believe that the price will drop much. There may be some drops, but I believe the price would vary between $ 650 and $ 700, then there would be a price recovery.
76  Economy / Economics / Re: How would you double $100,000 safely? on: November 30, 2016, 06:53:50 AM
To double it safely i will build a food business which most people really like. I'll build a restaurant spending all $100k. Although doubling it will require some time but it will be safe in that way. Rather than investing it on some networking or use it as trading capital which have a high risk of doubling money.
This would be nice if you have skills for the food business, or if you get guidance from people with experience. In fact, as long as there is the required knowledge, resources and demand, setting up any business could help you to make profit. So, the first step is probably to identify the thing for which you have skills to do, then plan and execute.
77  Bitcoin / Bitcoin Discussion / Re: Europe wants to ban blockchain technology? on: November 30, 2016, 06:17:33 AM
Link: https://news.bitcoin.com/europe-power-ban-blockchain/

The European Securities and Markets Authority (ESMA) is responsible for promoting investor protection, orderly markets and financial stability. At a blockchain conference last week in London, Patrick Armstrong, Senior Risk Analysis Officer, detailed ESMA’s approach to blockchain technology. One strategy he noted was to ban blockchain products or processes altogether.
This only brings more attention to Bitcoin, and the act demonstrates that, if necessary to protect the state's interests, centralized governments are willing to alienate people from a useful and important technology to the world economy. All this brings more incentives for people to start using Bitcoin and other blockchain technologies.
78  Economy / Marketplace / Re: im starting selling my goods here for btc today.. yeah on: November 30, 2016, 04:02:57 AM
This is something important for the network. The more users offering goods and services in exchange for Bitcoin, the greater will be the incentive for new people to start using it, the greater is the demand, and this, of course, helps the price. I wish the best.
79  Economy / Economics / Re: Let's Be Honest. We Are Waiting for $100/BTC to buy on: November 30, 2016, 03:41:22 AM
I am a realist and I understand that the price of Bitcoin $ 100 will no longer be. Gone are the days that you can buy Bitcoin for such a cheap price
I also think that the price will not reach that value again, unless something really bad happens to the network. But the truth is that, at the moment, due to the increase in the mining difficulty, the costs to maintain such operations is very high. Even so, if you are willing to invest for the long term, Bitcoin can still bring great possibilities.
80  Economy / Economics / Re: You should never trust banks on: November 30, 2016, 03:22:25 AM
Unfortunately, currently this holds true for almost all centralized institutions. The good news is that nowadays, through the use of Bitcoin wallets, we can be our own bank.
By using banks there are clear benefits, but we do not need to have all the funds in it.
Pages: « 1 2 3 [4] 5 6 7 8 9 10 11 12 13 »
Powered by MySQL Powered by PHP Powered by SMF 1.1.19 | SMF © 2006-2009, Simple Machines Valid XHTML 1.0! Valid CSS!