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Showing 20 of 250 results by bankingbtc
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Re: BTC going up for 500$ again ? ::)
by
bankingbtc
on 10/04/2016, 16:53:20 UTC
Hi there Guys,

is the Bitcoin on another rising for the 500$ this Year?  Shocked
The predicitions are pretty good for this Wink


What do you Guys think? Would be great to know Smiley

regards
BTC LOVER

oh yes price now is 430$ and that's awesome to see it, and if you heard about halving, so people buys lots of bitcoins now, so do i, just to have more bitcoins before halving, so price rises now, and they hope to sell them for more later, and it would be really nice to see such a huge price again after all these falls below 400$
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Topic
Board Beginners & Help
Re: Doubling Bitcoin?
by
bankingbtc
on 10/04/2016, 07:36:03 UTC
I'm sort of new to bitcoin, I've made a couple bucks already from visiting ad sites, doing faucets, etc, but is there any other way to earn easy cash? Anyone got any suggestions?

easy way to earn lots of bitcoins is gambling, but don't forget that it is very risky way too, as you can lose everything in seconds so you have to be very careful while playing, or just invest your bitcoins in gambling or other site, that is less risky and can give you easy money too, or just try bitcoin trading
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Board Off-topic
Re: In 20 years, what would you like to do with your bitcoin?
by
bankingbtc
on 10/04/2016, 07:33:34 UTC
Greetings all. I'd like to know what you would do if your bitcoin did one of the following, as I am a little confused about what I'll do myself...

What would you do if:

Bitcoin hit $1,000,000:
Bitcoin hit  $1,000 again:
Bitcoin stayed where it was:
Bitcoin became worthless, or a few cents:
And which of these do you think is most probable?

Thanks for your opinions,

 -Lags

after 20 years i think that bitcoin will be worth 7000$ or even more and it will be very popular so price will be high too, and once price will go to 5000$ i will probably spend them by buying something or just sell them for fiat, i might do a mistake then but better to be safe and get profit than wait more and risk
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Topic
Board Bitcoin Discussion
Re: OpenBazaar Opened , your first impressions ?
by
bankingbtc
on 10/04/2016, 07:31:33 UTC
https://blog.openbazaar.org/openbazaar-is-open-for-business/

We was all waiting for this moment since years , what is your first impression on this when you tested it ? Can we really beat eBay ?
You guys started selling your goods ? I personally didn't start ... yet .

my first impression is pretty good, on first week there are lots of sellers already, and they sell lots of different stuff, same like in ebay, so i really think that it can beat it it just will take time, i hope that this site won't close, and i also hope that there will be more and more sellers
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Topic
Board Bitcoin Discussion
Re: Transaction fee
by
bankingbtc
on 10/04/2016, 07:28:36 UTC
How big is transaction fee in bitcoin?

Minimum, maximum?
What do you want to pay to successful transaction?

Thank you.

usually fee is around 0,0001 fee, but that's not maximum fee or minimum fee, like someone said minimum fee can be 0, just it will take ages to send/get bitcoins, while i don't know how maximum fee looks like but it depends on technology, usually higher fee - faster sending/geting bitcoins
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Topic
Board Bitcoin Discussion
Re: People Are Just Too Stupid to Use Bitcoin Right Now
by
bankingbtc
on 10/04/2016, 07:20:36 UTC
It's not just that people just don't like change (unless it's the coin kind).  Heck I can't get my Mom away from rotary phones not alone use a new kind of money for things. 

that's normal, people are used to old things and even afraid of new technologies, they used old phone for example for 20 years and they won't go to new phone in days

same with bitcoin, we use fiat for ages now and it will be very, very hard to make people change to bitcoin because it is still new to them
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Topic
Board Bitcoin Discussion
Re: Japan is starting to love bitcoin again...
by
bankingbtc
on 09/04/2016, 20:18:41 UTC


Soaring volumes.

asia likes bitcoin from day one, whole asia, but people notices only china, but japan likes bitcoin too and is pretty important for it,

but anyway that is a pretty good news,more countries that loves bitcoin means higher price of bitcoin, and everyone likes high bitcoin price so that's okay!
Post
Topic
Board Bitcoin Discussion
Re: Bitcoin is dead again. This time for sure.
by
bankingbtc
on 09/04/2016, 20:11:47 UTC
Large groups of well paid, organized, funded professionals with clear objectives and good management - (like R3, hyperledger, ethereum, others) are sure making those Core programmers look like the silly little whiny bitches that they are.  Core is going NOWHERE and getting there pretty damn fast.  Meanwhile, very sophisticated advance is being done every day in other part of crypto/blockchain. 

This is 100% the end of bitcoin as we know it.  Good thing too.  This 'open source', 'no leadership', 'no organization' thing was always a load of bullshit.

no bitcoin is not dead, it's healthy as never, look at price, it rises each day, look at all these new sites that opens now and accepts bitcoins, also you probably heard about halving, it will rise price of bitcoin and price will be very huge then so i don't think that it will die in next 15 years for sure
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Board Speculation
Re: What if we sit at $310-$340 for 2 more years?
by
bankingbtc
on 07/04/2016, 18:54:20 UTC
The stability would bring constancy which would shut down Uncle Ben's argument, but wouldn't it be boring?

What do you think?

first of all, stale bitcoin would be very, very boring thing and all bitcoin traders will go to trade litecoin, etherium and all other cryptos

but also, stable bitcoin have good sides too, for example more people will start to use bitcoin, also more stores will accept it just because it will be stable
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Topic
Board Speculation
Re: How will the Block halving impact the bitcoin price?
by
bankingbtc
on 07/04/2016, 18:49:40 UTC
There are many answers to this question and I am looking forward to see everyone's opinion.

all we know is that it will rise price, but we don't know by how much, it will depend on price that we will have before halving,  but i am pretty sure that it won't be more than 2x price rise, for example if we will have 600$ before halving, we will have up to 1200$ after halving, but this price would be awesome too
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Board Speculation
Re: Bitcoin to hit $2016 by the end of 2016
by
bankingbtc
on 07/04/2016, 18:47:57 UTC
It would be epic, if somewhat speculative.

While the rest of the global economy sinks, BTC will be a safe place to put your money and see huge growth.



i don't really think that we will see such a huge price rise, from 400$ to 2000$ in 9 months, even halving won't do that, but if we will have huge price rises after halving too, and we will avoid all price falls and we won' create panic, then of course, would be really awesome to see such a high price
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Topic
Board Speculation
Re: Where do you see bitcoin in 10 years
by
bankingbtc
on 07/04/2016, 18:43:10 UTC
I see it ran by a bank, What do you think?

well i see it everywhere, no, it won't change fiat, but i am sure that we will mainly use both, fiat and bitcoin, and of course every store should accept bitcoins, both, real life ones and online ones, and yeah, everything can happen, it might even have bitcoin bank just i don't see a point of that
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Board Speculation
Re: Hold onto your balls gentlemen , the halvening is coming! ;)
by
bankingbtc
on 07/04/2016, 18:41:27 UTC

thanks you for sharing this link, which have lots of good info about halving that will happen in few months, personally  i didn't need it because i already know a lot about halving, but i sent this link to my friend that's new to bitcoin, and yes i am sure that price will rise to 800$ or who knows, even maybe 1000$!
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Topic
Board Archival
Re: should i save btc for future?
by
bankingbtc
on 07/04/2016, 18:38:47 UTC
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...?

well you will be pretty brave if you will save your bitcoins for 5-10 years,  i think you should save bitcoins for year or two only, and see how it goes, and if price will go to 1000$ or 1500$(depends on what price you want to sell them) sell them and be happy with your profit, don't risk and don't wait for larger rise
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Board Trading Discussion
Re: I am confused with trading.Help me out
by
bankingbtc
on 04/04/2016, 11:58:13 UTC
I have read and heard that one can earn and make good money with trading bitcoins.I also want to give it a shot.Everyone says the basic rule of trading is buy low and sell high but I am confused because which ever exchange I try,the buy rate is always higher than sell rate.How can one profit if sell rate is less than buy rate.If I buy at $390, the sell rate is $380

you're confused because you're new to trading, don't do huge mistake and don't sell them when they're cheap, because sell rates will be larger than buy rates and you will lose money

if you started trading and you know basic rule then you need to know second very important rule, don't panic and hold bitcoins for long time
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Board Trading Discussion
Re: I've got $20k to invest. Please recommend!
by
bankingbtc
on 04/04/2016, 11:54:51 UTC
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

well because 20 000$ is a lot of money, you shouldn't invest them to risky things like gambling or loaning site because you may lose them, and of course don't even try to gamble

if you will buy bitcoins and you won't sell the for 2 years atleast, i am sure that you will get lots of profit because 20 000$ is really a lot
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Topic
Board Trading Discussion
Re: Is Holding Bitcoin a long time good way to make money?
by
bankingbtc
on 04/04/2016, 11:34:53 UTC
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?

well i have to say that it's not the best way because it is slow and sometime unpredictable, you're not sure if after month price will rise so you will have more, or price will fall so you will have less

i think that better way to earn money is to invest them somewhere, like gambling site, risky too but atleast will bring you lots of money
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Topic
Board Trading Discussion
Re: Paypal questions
by
bankingbtc
on 04/04/2016, 11:29:25 UTC
I have sold some bitcoins with my paypal account, and now Paypal is asking me for clarifications for the bitcoin transactions.

What should I tell them ? I guess it's not allowed to deal with bitcoins ? What will they do if I tell them I sold bitcoins ? Can they refuse to give me my money ?

well i don't think that it is safest way to buy or sell bitcoins with paypal, because buyer/seller can ask for chargeback  and if you can't prove it, you will lose money

and i agree with others, don't lie about anything because if they'll find out that you lied you might have larger problerms
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Board Trading Discussion
Re: Is bitcoin better or paypal?
by
bankingbtc
on 04/04/2016, 11:26:28 UTC
I have been told that don't accept payments via paypal, is that right?
Because when buyer will have his bitcoins then he can claim back money from paypal by saying that i haven't received desired product.

you can't say which is better if you don't know what you want from them, because with paypal you can pay almost everywhere, because lots of online and even real life stores accepts them

while almost nobody accepts bitcoin now, but atleast you don't have to pay huge fees when you send them to friend or pay for something
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Topic
Board Trading Discussion
Re: how to start trading with a very small amount
by
bankingbtc
on 04/04/2016, 11:19:05 UTC
as i am a newbie.. i know nothing about trading... what should i do to start trading and multiply my btc.. guys please help me

very important, probably most important, step to start trading with small amount of money is to find site that lets you do that, because main ones usually won't let you buy/sell small amounts of

and then just keep eye on some cryptos and check their price each day, buy when cheap sell when expensive