It is dangerous if u used it in bad things..if u used it properly..maybe not danger
No, it is not dangerous to use bitcoin. Bitcoin is only risky in terms of investments because of market fluctuations but the return is higher profit of course with wise decision-making. |
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is it risky to turn all my money to bitcoins? anyhow this money sits in the bank and do nothing for!
Totally it is risky turning all your money to bitcoins. As what they always say here just invest what you can afford to loss. So that no regret in the future just in case worse happens. Yes, It is too risky to invest all your money in Bitcoin. Because market fluctuations is inevitable the price could go up and go down in a snap. It more advisable to invest if you have excess money especially if it is for long term basis. |
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Btc has a very wide range of purpose
It is Unique and possess an updated qualities compare to fiat currencies.
There’s so much reason why to use bitcoin. People could use it as form of investment which could give them higher profit. Also as payment system which provides convenient to every bitcoin users. |
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Actually, I think there are many reason for people use bitcoin. like bitcoin are very profitable, payment network easy etc
There are so many reason why people should use bitcoin. One of its advantages is a hassle-free and fast payment system. Also of course it is very profitable you could earn higher income through selling and holding bitcoin. |
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Now the future of bitcoin is under big question. World governments launched a war against the Crypto-currency
Yes I agree with his/her answer. Nobody can be assured about the future of something. There could be a lot of market fluctuation such as pumping and dumping of prices. There could also have more government restrictions with regards to bitcoin and other possibilities. |
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Simply because they wanna make profits from it if they buy it in a low price.
To answer this question, the reason why peopl sell bitcoib is basically because they want to earn from profit from selling it. And alao they see when the price of bitcoin get high because they could get a huge return from it. |
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My personal view is Bitcoin has very good future and it is an awesome field to invest on. It went 1000% up in last 12 months. Even if you bought BTC a year ago, you would have x10 times investment by now.. So it is not greedy to hold BTC, still it is in up trend ! Boom. Moon !  Of course not, holding bitcoin was never been greedy. It’s just mean being wise. Because holding bitcoin means investment whicj could make you earn a lot of money in the future. |
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Bitcoin is equivalent to money, it is a protocol, a computer network and so many more.
Actually, bitcoin is a digital currency, it can transfer money from one person to another and it doesn’ t have any physical existence but it can be used for payment, in stores who are accepting bitcoins.
It is equal to real money since you can exchange the bitcoin with real money while trading and all, but I think it is better to call it “digital coins”.
Bitcoin is a cryptocurrency. It could be use for investment or for online payment But it could be mean money in a way that it mcould be converted into physical money. |
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Yes because many people are becoming aware and informed about the advantages of bitcoin the reason why is the community is rising. Many people are becoming bitcoin users resulting to a higher demand in bitcoin. |
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The most impressive thing about bitcoin is that I can send large sums of money easily between countries without the hassle of going through the bank, decentralized properties that make everything so easy, I also like the bitcoin anonymity. One more thing bitcoin can be used as a long-term asset.
There is so much thing that impresses me about bitcoin such as a hassle-free transaction as a payment system which brings a lot of convenience to a lot of users. And of course people could make a lot of pofit with Bitcoin. |
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can uplift the lives of many people, and can change life or personal better and positive.
There is so much thing that I like about bitcoin but what I mostly like is that it truly helps people in their financial needs especially to those whose into long term investment with bitcoing. It helps them a lot to gain profit. |
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Bitcoin trading these days has become so rucreative that I am tempted to quit my present job which is not giving me enough time to explore more out of bitcoin world...
What's your take on this, should I go ahead and quit?
Thanks
In my opinion, I think it is not advisable to quit on your current job. You already have a stable income don't just let it waste. You can also explore bitcoin on your free time. Time management is the key. In my own opinion you should not quit your present job for bitcoin instead use bitcoin while working. You don’t need to sacrifice any. What is advisable is multi-tasking and time management. |
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How and why would the end of bitcoin (and any other cryptocurrency) occur? Value decrease? Legality issues? Different technology/ideas to supersede it?
Perhaps, bitcoin would die only if the the demand will be stop and bitcoin users will disappear and no traders will no longer attempt to use it. Or if the internet will be gone also. I also believed in this statement. One of the situation where Bitcoin would lose or die might be because of the market failure. If there would be no people will patronized Bitcoin there would be no demand and probrably Bitcoin will eventually stop its supply. |
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If you have BITCOIN very much. you better sell now because at this time bitcoin prices rose high ..
and if only BITCOIN down again, you better hold first until BITCOIN soar to high price after that you sell ...
Yes I agree with his/her answer. Sell it when the prices gets high or hold in for as long as possible. You couldn’t lose in’ in either of the two perhaps you could earn a lot. |
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We all know that Bitcoin is one of the best ways to invest your money. However, we know that Satoshi wanted to change money as we know it rather than new investment model. How do you think, will we be using bitcoin as payment system? Or it will stay as it is and this bubble blow up one day?  And how do you see it's future? This is a good idea but this is not ideal to implement in many country without enough source of energy, i think we can create a physical bitcoin to use and presented if somethings happen to online currency. Bitcoin as payment system offers a no cash-out which brings a lot of convinience and security for all bitcoin users. You could save your time and energy in your transactions. |
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I do not think it's too late to invest in bitcoin, all you need is patience and a smart mind to read the market, so you'll know when it's the right time to buy and sell. because bitcoin can go up and down at any time (bad news can also cause bitcoin prices to drop). my principle is "survive and confident of profit"
No, It is never too late to know about bitcoin. Bitcoin has a lot to offer. Anyone could sell, hold and invest their money in Bitcoin. People could a earn a lot better. It also offer services such as online payments that bring convenience and security. |
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Bitcoin as a mode of payment is great because it is fast and secure.
Bitcoin as a mode of payment brings a lot a of convenience. Its online features is what makes it easier for people to access. Also it offers no cash-out payment method for people’s security. |
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Bitcoin prices have risen so dramatically lately.
In this situation, I expect to be able to purchase a bitcoin, and I think the price will drop soon.
Yes, you have to purchase a Bitcoin now. While the price is still not too expensive, so we must collect Bitcoin from now on. As I am sure the price will rise even higher. It is always better to buy bitcoin when the price is low so that you can gain bigger profit. The price for the past weeks went down consistently but it is something we should not worry about because it is just part of its volatility. In fact this is a good chance that we will buy bitcoin since it will surely goes up in the coming weeks. Just dont be afraid to take risk. Yes, you should buy Bitcoin. It wise to buy bitcoin when the price is low and the invest it ffor a long term basis so that it could earn a lot of profit |
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Of course mate, I have no doubt that bitcoin will be the most important way to invest in the near future, as we all see bitcoin has made the best benefit for many people around the world in just few years, so I suppose that it will keep going in the same way to be assigned and to be officially licensed to banks near,this will make it more and more profitable.
Yes, It would be probably more profitable in the upcoming years especially now that many people are being informed that that bitcoin could be best for investment. |
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I read about it on a internet marketing forum, and then I went to youtube to find out more, this was a long time ago now. Then after that time I made some better knowledge from the Facebook friend and started my earnings in the investment at many sites for cloumining
I first heard bitcoin from my siblings. They were inspired by their classmate who’s getting good profiy from it at a young age. And now my siblings were also into it. |
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