yes it is still profitable but it all depends on the capital you use if the capital you use is small then the profit you get is also small but if capital you use big then you will get big enough profit. for example you buy one bitcoin at $ 17869 and then one bitcoin price rises about 4% then you sell it according to market price then you can sell it for $ 18258 so from the difference of the figure you profit about $ 389.
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If bitcoin returns $ 5,000, I think this is unlikely to happen because bitcoin prices have already reached $ 19,000 due to price increases as the number of bitcoin users in the world continues to increase. Bitcoin has also gone through a long process so the price can be like now so to drop it I do not think not for a short time or with something similar to bitcoin to rival.
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Because paypal and bitcoin have similar functions but in the case of bitcoin transaction costs much cheaper than paypal and bitcoin have more value for example bitcoin can be a very profitable investment, bitcoin also provides convenience in transactions between countries so that paypal feels will be dropped by bitcoin . and it happens the competition between paypal and bitcoin.
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The bitcoin price is very high because bitcoin is very popular and has so many investors pushing the bitcoin price so high. Bitcoin is also referred to as a criptocurrency representative so it's no wonder people will recognize and want bitcoin to be used instead of other coins.
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I guess so because the bitcoin price is now very high it costs around 1900 USD so you have to wait for the bitcoin price down to buy it. Although I'm also not sure the price of bitcoin increase has reached its limit but for now I predict the price of bitcoin will not grow higher than the current price.
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I measure profit by looking at the difference from the initial price of bitcoin with price increases. So every bitcoin price goes down I will buy it and sell it when the high price is what I do to make a profit. But this activity will be a big risk if you are less careful in deciding whether you should buy or sell.
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which can prohibit the use of bitcoin is the government so if the government feels that bitcoin is more used by its users in doing criminal transactions than to encourage people's economy then I think bitcoin will be banned, hopefully bitcoin users can work together to keep the good name of bitcoin and improvement of people's economy so bitcoin will have a positive impact on society and bitcoin will be legalized by the government.
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If to eliminate unemployment for now may not be possible because people who use bitcoin are people who already have the ability to use the computer so that for people who do not have the ability to use the computer will not be able to understand and use bitcoin. Most unemployed people in my country are people who do not understand about computers so bitcoin will not be able to help them.
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Bitcoin is created as a digital currency to simplify the process of online transactions but because many people use bitcoin and disproportionate to the number of bitcoin in the world so as to encourage the price of bitcoin is high enough and cause many people to make bitcoin as an asset to be kept until the price is high enough to be exchange.
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Does Social Media Influence bitcoin growth?
any good news or something that is important to the public will surely quickly disseminated in social media because people prefer to read news on social media so that social media is very important role in the delivery of information and to promote something is no exception for bitcoin. So social media plays an important role in bitcoin growth.
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Bitcoin was originally created for easy and secure online transactions. But after many internet users around the world start using bitcoin as a means of transaction resulting in a high price increase from bitcoin so many users start investing in bitcoin because they see bitcoin in the future will give big profits.
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What are you going to do with your Bitcoins and Dollars now?
I am a little mad at myself for not selling at 17k$ because I was too tired and just fell into the bed.
For now I will try to hold my bitcoin even though the current price of bitcoin tends to go down but I still believe bitcoin prices will soon increase again this because many bitcoin users start selling their coins for new year's preparations. This is a regular thing and I'm sure the bitcoin price will increase again in 2018.
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I have not recived payment for week-3 Is it already confirmed? number on spreadsheet >99 Thanks
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I think it will not cause a downfall of bitcoins, Bitcoin exchange sites adjust its fee in accordance with the flow of bitcoins. When bitcoins strikes then they have to. That's their business.
If the transaction price is too high it will affect the number of bitcoin users to make transactions every day, they will tend to exchange them first to the new fiat money used for the transaction. Imagine if you have a big cost to buy coffee, I think it's excessive and will have an impact on bitcoin prices.
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Now that the rapidly growing use of bitcoin around the world and the start of a new coin similar to bitcoin is not something new happening because every time there is a successful breakthrough and a lot of devotees, then there will be people who begin to follow it and hope will succeed as well as a competitor. This is what happens between bitcoin and other cripto.
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Just a matter of time bitcoin will be the prevailing currency in various countries and slowly start to beat the USD all it will look real just waiting in sahkannya in various countries around the world. Bitcoin is highly favored by the public because of the convenience provided in any transaction and any account with internet network connection which is the key to bitcoin progress.
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If bitcoin mining stops then bitcoin transaction process will take a long time because bitcoin transaction verification is done by bitcoin mining so if it stops at bitcoin transaction very much then transaction will be very long or can fail to be sent. So to support the success of the transaction many bitcoin users then this system is divided into thousands of computers to process bitcoin transactions.
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The benefits of bitcoin can make it easy to transact either short distance or between countries only takes about 10 minutes without the bank extend the process, or freeze funds. Bitcoin also makes it easier for you to have a lucrative investment because of the rapidly increasing price of bitcoin.
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In both jobs all can produce bitcoins but I prefer signature campaigns because they do not have the risk of losing bitcoin and do not need any capital at all because I used to not have the money to buy bitcoin. I think to start trading definitely requires capital and already have experience in bitcoin price movements and I do not have it yet. so I chose the signature campaign.
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