Latest posts of: qtypatuty

It is a crytocurrency's characteristic to have and show extreme and sudden change of value for the reason that it is it's property. The fall of the value is not a total bad news to everyone because it is good for those who are just about to buy and start their investment. Eventually, due to the market's changes in demand over time, it will steadily rise up again and investors will gain their profits.

A cashless society would be possible. However, a cashless society wherein cryptocurrencies thrive is less likely to happen. Cryptocurrencies are volatile due to supply and demand and if ever they will be used, the market will be disorganized.

This would not be practically good, especially for someone who only has a one house. Imagine, where would you put all your properties. Thinking only about the profit and not considering the consequences is just something irrational.

It's all up to you if what you're going to buy. Read more about what you want, wait for the price to drop, and then buy gradually. There are pros and cons to both bitcoin and ethereum. Find what suits your demand, whether it is for a long term or a short term effect.

Bitcoin's had it's ups and downs, and these are only normal. What trigger these occurrence is the market's law of supply and demand. It's high volatility is what makes the rollercoaster ride cause us to feel thrilled. It's what you do during the ups and downs that makes the rollercoaster worth riding.

Transferring of bitcoin directly to a bank account could not be done. Banks do not accept bitcoin. However, you could convert your bitcoin into a fiat currency. That's only the time where you could deposit or transfer your balance into your bank account.

I think twenty one million bitcoin is just enough for the future. Bitcoin is equivalent to a hundred satoshi, and there are other existing cryptocurrencies that could convert it.

The bitcoin being dangerous would depend to a person. If he/she has enough knowledge about the system, about how it works, and about the cryptocurrency industry, then it would not be a dangerous move to be a part of a growing habit of working steadily.

When you're going to start however you have nothing, I suggest is that you get an easy access to internet with your laptop or mobile phone. The internet should help you get the informations you need to start with cryptocurrencies, in any way you would want. Read topics and discussions here at Bitcointalk and listen to other members who share their experiences.

Bitcoin is a currency that is not controlled by any branch of government. Unlike money, bitcoin only has a definite amount and these amounts, whether plenty or not, determine's it's value being high or low, so bitcoin is very volatile. Money could be created by the government and it will control the economy of the country.

I would spend my money from bitcoin in investing to more cryptocurrencies beside bitcoin. As of now, I don't have any plans to spend and use what I have because I don't feel like it is the right time to have expenses.

I think that it is fair. People who worked for their wealth deserve all the rewards for their sacrifices and efforts. However, if one became rich through scamming, then he/she does not deserve a bit of his/her wealth for a reason that they came from lies.

The cryptocurrency news is being spread fast through word of mouth, the internet, and the social media. A huge number of people will be curious and, most probably, many will patronize cryptocurrencies due to that it is easy to begin with, it had great potential.

I don't think that you are late. Not everyone has a knowledge regarding cryptocurrency and how it works. Read some discussions about the processes of cryptocurrency. Take your time to understand because you are not yet late.

It is always a good time to invest. It's just the chances and other factors that make an investment grow quick in a small matter of time. If you are a willing to take risks, then it is suggested that you invest a fraction of your fortune and wait until it grows and until you gain huge profit.

Bitcoin is important for the reason that it is an innovation. It is a digital currency, not something physical. What makes it so important is that it is a system that functions with no relation to the government, it is secured, and it could be used anytime, anywhere, through the means mobile phones and laptops.

Definitely yes. Social media is fast and free and it has been a tool to spread information with ease. Information regarding bitcoin was rapidly spread through social media because many people have been using Twitter and Facebook to share information and they have been a huge influence to what made bitcoin what it is today.

I suggest that you do not put all the fortune you got from selling your house to buy Bitcoin because that would be very risky. Just put a fraction of what you sold and just wait for the profit. Bitcoin is a good investment idea, however you would not really be able to tell whether it will rise or fall due to its volatility.

I'll agree to you. The bitcoin's value steadily increases the more people who patronize it. Holding on to it for a long while will increase its value even more over time. I suggest that you save your bitcoin and wait until such time that you are satisfied of it's value and you're ready to withdraw it.

Quote from: Delmiro on January 06, 2018, 03:20:42 AM

Hey, as you know already from the title, I'm new to Bitcoin, I would like you to help me by telling, where to buy, when to buy, where to sell, when to sell, things like that.
Important: I'm 17 years old, some methods may not work if I don't have 18, and that's what I have noticed.
I hope you can help me get started. Wink

Edit: Thank you guys, your information is helping a lot, I already have a wallet, feel free to help me

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I just started using bitcoin too! My friends suggested that I should try joining campaigns here in bitcoin talk and other social medias. You can also invest in bitcoin with just a little amount for a start.