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Re: What will happen if there's no price rise for the halfing?
If the price doesnt rise then the miners stop mining because of lack of profit, Once this happens the network becomes less secure and bitcoin starts dying off. Whats to stop this from happening? Maybe we are getting to prices that cant be maintained with the current user base. I wasnt here at the last halfing and the price will need to be much higher so im not too sure what will happen.
yes you are correct, if price won't rise at all or there will be small rise only, then miners probably will leave mining as their job won't be profitable anymore
but i am pretty sure that price will rise, or even if it won't rise because of sellers, and miners will leave job, then new miners will come and they should replace old ones
Reading over threads on this forum I've learned quite a bit about mining and the community in general.
But the reason I bought bitcoin has nothing to do with the former or the latter.
You see I'm one of a small percentage in the USA who reads/listens to news outside the USA. Most people I speak to have no clue what is happening in Europe, how the death of Petro-dollar is meaningful, ZIRP influenced stock market Bulls, overinflated housing valuations, trillions in student loan debt, Vehicle lending bubble, crashed Baltic dry index, emerging economy bond debts, low income per household, oil hedge covering by the Fed and Treasury, COMEX price rigging, overvalued dollar, FATCA, TPP, on and on.
Pretty much I've sounded like a crazy person to most but that's OK.
Why am I writing this?
Well its because people seem to have a brain around here so if anyone wants to hear some very interesting info Jim Willie (goldenjackass.com) gives some animated, resourceful and so far accurate underground info regarding government level corruption and how it will crash the dollar which chases wealth into other Venue's like gold, silver, BTC.
You see BTC isn't going up just because its the nextgen of wealth.
It isn't just going up just because working BTC commerce and investment platforms have surfaced (yet to fully mature).
BTC is also going up because people like myself don't want to play Yosemite Sam guarding home based Bullion, nor do we wish to gamble with TSA screening for metals. Bitcoin is perfect for its time and the incoming wealth is just beginning.
Well done and enjoy the ride (don't sell).
Btw BTC market cap of 7billion is nothing in grand scheme.
With Commerce support maturing I'm seeing 3-5k per coin (or per 100,000,000 Satoshi).
If retirement wealth comes around we are talking above a market cap of 1trillion.
This is a worldwide platform, very private, and very secure.
But the reason I bought bitcoin has nothing to do with the former or the latter.
You see I'm one of a small percentage in the USA who reads/listens to news outside the USA. Most people I speak to have no clue what is happening in Europe, how the death of Petro-dollar is meaningful, ZIRP influenced stock market Bulls, overinflated housing valuations, trillions in student loan debt, Vehicle lending bubble, crashed Baltic dry index, emerging economy bond debts, low income per household, oil hedge covering by the Fed and Treasury, COMEX price rigging, overvalued dollar, FATCA, TPP, on and on.
Pretty much I've sounded like a crazy person to most but that's OK.
Why am I writing this?
Well its because people seem to have a brain around here so if anyone wants to hear some very interesting info Jim Willie (goldenjackass.com) gives some animated, resourceful and so far accurate underground info regarding government level corruption and how it will crash the dollar which chases wealth into other Venue's like gold, silver, BTC.
You see BTC isn't going up just because its the nextgen of wealth.
It isn't just going up just because working BTC commerce and investment platforms have surfaced (yet to fully mature).
BTC is also going up because people like myself don't want to play Yosemite Sam guarding home based Bullion, nor do we wish to gamble with TSA screening for metals. Bitcoin is perfect for its time and the incoming wealth is just beginning.
Well done and enjoy the ride (don't sell).
Btw BTC market cap of 7billion is nothing in grand scheme.
With Commerce support maturing I'm seeing 3-5k per coin (or per 100,000,000 Satoshi).
If retirement wealth comes around we are talking above a market cap of 1trillion.
This is a worldwide platform, very private, and very secure.
yes your reasons why you bought is correct, but i have to also say that buying bitcoins is always a good idea, usually because price of bitcoin will rise in future
and lots of people buys bitcoins for same reason, to sell them for more later or wait long enough till bitcoin will be currency and then they would be rich
Hey folks,
I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?
Investors, please get me some cool ideas.
Thanks in advance,
Marcell
I've finally got around $20k to invest in long-term. No, unfortunately I cannot put this on a bank to get like 10-15% per year, I'd need something way more good.
What would you recommend? Mining? Other crypto?
Investors, please get me some cool ideas.
Thanks in advance,
Marcell
well if you want to do something with them, then you should try bitcoin trading, it is easy way to earn profit, just it needs some time to understand how everything works
or you can just buy bitcoins and keep them in your wallet, and just wait for price rise, this is very popular way to earn profit, because it is very easy
trader is easy if you know the trick
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.
i will update it soon
donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb
are you have other tips/trick..? please share it
i will add it to first page
the first important for newbie trader is :
- don't put all your buy order at 1place,
- don't buying altcoin in ICO, IPO etc.
- don't buying altcoin when the price rising (+100% or more)
- sometimes we must sell our altcoin, even we lose for buy back at lower rate
- don't buying altcoin with not active dev, potentially scam is higher.
i will update it soon
donation : 1FMWSffdKoD6Q7wkHCTZ53kWMBX5LHsELb
are you have other tips/trick..? please share it
i will add it to first page
there is one important basic rule that everybody says to new people to trade, it sounds like buy cheap and sell expensive, and i have to say that this might work as this way you will get profit only
and other rule that i use is to never sell coins when somebody created panic, or when next day price falls by 2$ or so, because you will lose your money only
what do you think about buying cheapest btc.i want to become trader but i dont have idea where to buy and sell.
first i want to say selling btc is ok if i have btc.but if i want to buy and sell,then first tell me where to buy so that i could sell for profit.
first i want to say selling btc is ok if i have btc.but if i want to buy and sell,then first tell me where to buy so that i could sell for profit.
just check different exchange sites/bitcoin sellers and find for cheapest one, but they will usually have same price so you might win around 1$ total, that's not a big deal
if you want to buy bitcoins now for halving when you should do that fast as possible because price rises now so later you won't find cheap bitcoins as today
I first got bitcoin from withdrawing from gambling sites. I deposited with another method but could withdraw bitcoin so i did it. Around that time bitcoin was around $220 usd or so and when i got it, i would then trade it for poker funds from other person etc because I didn't want to hold the bitcoins due to reading about price fluctuations. However, isn't the value of bitcoin almost always going to go up so its best to hold it? I know last year it was $600 and the highest was when it was more than $1000 per bitcoin. But since it is all the way down to $200-$300, isn't having bitcoin always good? Could bitcoin go all the way to 0 soon? I had thought hey if you get bitcoin when its $230 when the price stayed like that for a long time, thats great b/c very hard for it to go below $200 because i haven't seen that. But even if it does, isn't it almost always going to rebound and go back up? Last time i had btc and it was $230 or so and now it went up to $260. So if you have say 100 bitcoins... well... thats a nice $3000 profit or so.
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
I'm sure there are ppl that have thousands or bitcoins right and just hold on to it? And many that would sell btc immediately if prices go all the way up? If someone had say 500 bitcoin... then btc price went up $20 in say a week or so... selling it would net them $10000 minus fees right? However if they sell it via localbitcoins or other method, they are going to get a higher profit right? However if they do this, say sold all their 500 btc... then once bitcoin later in the year go up another $50... well that would be $25000 less they would have earned.
In general, isn't holding BTC always a good thing since the price of it is pretty low now? Obviously if you bought btc at $600 or $1000 and thought it would went up and held on to your btc, that would been a disaster. But since its in the $200-$300 range, isn't having BTC always good?
if you look for fastest way, then this is not for you, but if you want a easy way to get profit, then holding bitcoins is awesome for you, because you don't need any work just buy them
if you work for faster way, then you should try trading, buy coins when they are cheap and sell when expensive, this way is faster and might give more money but it needs more time
$10k=2016
your thoughts?
your thoughts?
no it is impossible to go to 10000$ this year unless a miracle will happen, but i don't think so, it will be a miracle to see price around 1000$ too to be honest, price can't rise to 10000$ in seconds
price after halving will be around 700$-800$ and i don't think that it will rise more than this, just price is too small for that
YOUVE BEEN WARNED
well price is higher than 399$ for long time now, and i don't really think that it will go below that, just bitcoin is too healthy now to fall down, price rises only now
and it is great to see such a good bitcoin, i hope that he will rise in future only and it won't ever fall, would be nice to see bitcoin at 500$ soon
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...?
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...?
yes saving bitcoins for future is nice idea because you not only save your money, but you get them at same time because price of bitcoin just rises
if you will want to save bitcoins for long time, then it is also good thing to do because price will change a lot in few years so you should be very happy with that money you got after some time
Who sold in the correction??
Now we've going back to $500.
Hold on. Good time for buying.
Now we've going back to $500.
Hold on. Good time for buying.
yes i agree, it is really good time to buy because we still are at 420$ but slowly, we will go to 500$, and this will take even less than month, i am sure that we will go to 500$ pretty fast
and once we will go to 500$ it will be awesome to wait for halving, because halving price we have before halving - higher price after halving
and now I wonder, is it worth doing that today? any thoughts?
yes, do it anytime and just wait long enough for decent profit. it is so simple..
yes it is very simple but sometimes people avoid doing that, either because they are of price at this moment and waits for smaller one, or they are afraid that price will fall after they will buy coins
yes i would really buy now and i would keep them for atleast 1 year, keeping bitcoins for soe time is really good way to earn money so you should do it
Re: What percentage of people on Earth will own Bitcoin by 2020
I've been running a poll for some time now about the value of 1 bitcoin by 2020 and it's safe to say a lot of different opinions and guesses are made.
This poll completes the other one and i'm really looking forward to everyone's input in this.
Tnx for your input
This poll completes the other one and i'm really looking forward to everyone's input in this.
Tnx for your input
i think that atleast 5-10% of population will own or use bitcoins, while 30% should heard about it, because in 4 years price will rise even more, while with higher prices comes more stores that accepts it and more users, so people see even more bitcoin word in real life, so there's pretty huge chance that they will be interested in bitcoin too
How safe is it?
first of all i think that buying 1 bitcoin won't hurt you or your wallet, also i think it is pretty safe because price is okay now, and it will rise soon because of halving, everyone predicts that price will be very huge after it so i think that it is pretty safe to buy 1 bitcoin and keep it for some time, in worst case scenario you won't get any profit but you won't lose money too
If Bitcoin goes up very high should i buy a house?
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
Ive been thinking if it went into very high figures i could cash out 80-90% of bitcoin and buy a house outright with no mortgage. Is that even a good idea though? - basically 80% of networth in a house hmmm. On the other hand i dont want to have a mortgage and im fed up with renting due to landlords, letting agents and lack of control.
if bitcoins will go really high, i think that you should really buy house because this way you won't lose your money anymore if price will fall one day, also you can sell house for fiat later if you need it, of course you need to have a lot of coins, and you should wait for halving and buy house then because price will rise then so you will have much more
I know that people give out loans but what's up with people no returning what they borrowed?? I want to know this because I might give out loans myself and I want to know what to watch out for... I have ~800 BTC at the moment and would it be a bad idea to start loaning? I bought my BTC back in 2010 mid August January(when it was about $0.07 per BTC) and I noticed the price went up a ton! Also what would be some other way to grow my BTC? Any ideas on what I should do?
Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624
Something I should have added my friend was doing something you guys call "mining" I am very knew to the bitcoin world even though I have had them for a long time. I bought these bitcoin from him because he needed to sell them, my financial advisor has told me that the longer I wait the more return I would get so I told him hold the account for 5 years and ill see where I am... So last July I had gotten my account back, did a bunch of research then found you guys. So I came here to post a few posts and for everyone skeptical this is the proof https://gyazo.com/ee99cef712e9b72f03a3e8e870c33624
yes loans are very, very risky thing because we all know that people are usually very greedy and they won't want to give back even more than they got from you, so of course that they will want to scam you, i think that loans giving is most risky job to do with bitcoins,just because people these days are too greedy
Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
yes i think that you should, bitcoin have huge potential, i think it will be really popular and important in future, and don't forget about halving that will happen in 2016 July, it will halve block reward for every block mined so price should rise, and in worst case if price won't rise at all you can sell them back for fiat without any large loses
For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
What is/are your purposes when yu buy bitcoin?
i buy them usually when i want to play with them, because i really like to use them, so easy to send money, and i also buy them before important bitcoin events like halving, because if i buy bitcoins now, i am sure that i'll can sell them for more after event, it is always nice to make extra easy money, no work needed
Is it better to save money in bank or invest it online, in real estate or maybe gold?
if you talk about bitcoins saving, then if you will save bitcoins in your wallet because it needs no work, just put your bitcoins into wallet and keep them for some time, their price will rise
and with investing, it is pretty easy too, just it is more risky than saving bitcoins but alsowill give you more profit and you will get profit each week or month
I have some coins idling around in my wallet but I cannot bear to put it in hyip or risk it. But it is a waste to let it idle around. Yes. I have coins in some "lower risk" hyips to generate some interest which I'm prepared to write off. I also have some coins converted to hashing power in hashnest and BW.com but it has to be monitored else you will suffer a loss instead.
Unlike fiat currencies, I cannot park these coins into banks backed by governmental institutions. I put my fiat currencies in banks or blue chips but I cannot do it with cryptos.
So, what do you do with your idle coins? Let it sit around?
Unlike fiat currencies, I cannot park these coins into banks backed by governmental institutions. I put my fiat currencies in banks or blue chips but I cannot do it with cryptos.
So, what do you do with your idle coins? Let it sit around?
i just let them to stay in my wallet and wait for price rise, would be dumb to gamble( and probably lose them) them or so, i like to see more and more money in my wallet then price rises, so i won't change that and i will keep my idle bitcoins for longer, maybe i will keep them for some time and will sell them only if price will go to 1000$
So after reading this article and especially the ending:
I'm wondering what's stopping people from using bitcoin?
And now I'm talking about people who already aware of bitcoin and how it works but still not using it.
The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?
Quote
One thing is for certain: having made Bitcoin less of a security worry, transparency will now be key in attracting users to new models, placing control of funds and fees in an upfront way in their own hands.
I'm wondering what's stopping people from using bitcoin?
And now I'm talking about people who already aware of bitcoin and how it works but still not using it.
The price is now pretty much stable for more then a year, security issues are out of the question - so why we can't see in 2015 more companies switching to it, especially considering the unstable condition of moden economy?
some people stops using bitcoins because of gambling, they lose lots of money because of gambling and then they be very angry on it
and some don't even start with bitcoin because they think that it is not safe, or they are used to fiat and don't want to change it for now