fiat money never be worthless or zero price
what ever digital curency very high price fiat money still much user
because in real life still need fiat money, not only crypto curency or digital curency
yes fiat is not going to be worthless in any case, i think it can only be possible if all the people of the world start using bitcoin, and i do not think that it can be possible in next few decades. |
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What are the features that a good investor should have? What are the characteristics of people who have enough capital and earn money from money?
What are the factors that make these people successful in their investments?
The investors should be broad minded when it comes to business in terms of investment. Had a big vision on it, and the flexibility must always apply, decision maker, know how to control emotion, and be understanding, I agree, the investor should be able to make decisions. And he should not be greedy. He must have a cold mind. And very important in investing luck Yeah, luck is one of the factor on why investors got their money big, and also a strategic way on investing like reading articles, watching some documentaries by big investors, emotion must be least to them. yes that is right to say that luck is one of the most important part our life and we mostly depend on our luck but in sum cases our experience and skill and can also help us in our success. |
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This is really an interesting question, I like it. Actually, I also had the intention to get rich from Bitcoin, first to know Bitcoin, I did not have this idea but since I realized the true value of Bitcoin I changed my mind. I have found every way to earn more Bitcoin, I am involved in investment projects but not effective. Then I switched to trading, trading altcoin types and working on forums. I find this way quite effective, I have earned more Bitcoin. However, the dream of getting rich is still quite distant because everything takes time, I need to act and do more  It is possible but it will be hard. The days in which you can easily double or even triple your Money with Bitcoin are now over. Right now it has a slow movement above 1000$ comparing it to its movement below 1000$. It is trying to tell us that if the demand does not increase it won't move up to our expectations. We can easily find other investments that are rapidly growing such as in the stock market. [/quo yes that is really possible, as there are so many live examples from our life that bitcoin had already make so many people as rich so we can also expect to become rich from bitcoin. |
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I think $ would become digital and it would be just like bitcoin but only, the government would be controlling it.
for i do not think that in next few years such situations can be happen, But to me i think bitcoin is already a digital currency and therefore it will be more suitable to use bitcoin on mars, |
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Future of Bitcoin Economics depends on mass adoption of Bitcoin. No body can predict accurately the true future of Bitcoin.
This is true that the economics of the bitcoin not be predict by us because at every second the value of bitcoin below and above without notifying the bitcoiners , so here all types of pedictions are useless . But here we can easily predict about future of the bitcoin because the use of bitcoin is trusted and safe so peoples areentering rapidaly in bitcoin use , so here no doubt that the future of bitcoin much bright than other currency . but to i think from the news and from the people adopting of bitcoin we can expect that bitcoin price will continue increasing from day to day. and hope that very soon the price can reach to a very high price. and therefore we ca expect that bitcoin will come more and more popular in future. |
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Value of commodities like food, water, electricity and shelter might increase.
Luxuries like gold, diamonds, paper money & bitcoins might decline.
BTW - If indians really did trade manhattan for $24 worth of beads and trinkets, I could be totally wrong about that.
In the event of a major disaster, electricity is probably been one of the first things is going to disappear since the electric grid is very susceptible to almost any type of disaster we can imagine, like flooding fires, tornadoes or hurricanes. i think global disaster can not only effect bitcoin, but it can also decrease the value of every thing. in fact global disaster can effect all the aspects of our life. |
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off course the bitcoin is already become a international currency now because it is using by so many people of varrious countries .the performance of bit coin is also accepted by users so it become verry popular site now a days.
bitcoin is used by various people around the world from different countries and it proves that bitcoin worth anywhere and I think now we can say that bitcoin is an international currency Yes since almost country has an access on using bitcoin, it is just that our choice to use it. I hope one day this international currency be implemented and accept by the government. How kool will it be when we shall see all nations, one currency and that too is bitcoins.  I dont think that it will happen in very soon or not possible because to become international currency it has to be in large circulations. Most of them forget that Bitcoin is a good for investment like gold and in some aspects it can be used as online currency but it to become international currency is too small chances. It can become online currency and good for investment It will happen infact on some of the places it is already happening. only one thing is old currencies will not be removed entirely from the market because it is present from a long time if it is done it will create havoc moment. lets first it get popular among the young people sooner or later masses may start accepting it but it will take time. It has to be educated among more people so that it becomes the common way of transaction. Agree with you. Bitcoin can not replace the national currency instantly. At once it will become an alternative way of payment and will exist together with Fiat. And then, maybe, and will supplant Fiat yes bitcoin is still not in position to replace fiat of a country, but it can only be possible if all the people of a country stop using fiat and star using bitcoin, but i think in near future it is look like impossible. yes i also agree with you, it is a fact that bitcon is not going to replace fiat, as bitcoin is still not adopted by all the peole of the world and therefore most of the people of the world are mostly using their fiat currency. |
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Spending bitcoins is difficult in my area as I don't find any place who accepts bitcoin as a payment method and even people have never heard about bitcoins so mostly I hold my bitcoins in my wallet and sometimes spend it for mobile top up or skype recharge as the usage of bitcoin is very limited.
I think most of the country already will accept bitcoin as their payment method and why on your country there is nothing? I suppose that you are not to use your bitcoin until the price is really sky rocketing. But still it depends on you whether you are going to long term investment or just spend it all around. But to be on your country that does not accept bitcoin is good somehoe because it will restrict you for not randomly using it so you can make sure in the long term the value will grow i think the op want to say that their government, as it is true that currently not a single country have announced bitcoin as legal currency. but still their people are using it as legal currency. |
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If people sell now it's not for panic, a panic selling happens most of the time when the bitcoin price starts falling down and people are afraid that the bitcoin price is getting crashed and want to "recover" or avoid a huge loss. Bitcoin has it own pump and dump but whenever the price gets higher we expect that there could be a good way to hold for a longer time as we hope that bitcoin price will increase more, and if this doesn't happen we see a way to spend the bitcoin because we are facing with a loss soon, so people at this time spend them on altcoins or even in fiat.
i think now people have become mature and they are not going for panic selling, we have some good examples in previous days as the price of bitcoin get a good support after falling up to some points. I think that we are in a time that the panic selling is already happening and we can conclude this from the bitcoin price, who wouldn't make any panic when the price for only 1 week has been dropped to $313 (until now at the moment of writing) so if people are holding 10 BTC there is 3k lost, for 100 BTC there is 30k lost and so on, this is really for panic, but I won't sell mines because I hope later this Q2 the price will get higher. yeah another panic selling days happening righ now , for a small example one of my colleagues here have sold the whole bitcoin he have few minutes ago , he decide to take a break after got good profit on altcoin like eth and dash , but a little bit dropped when talking about bitcoin . this is the result of panic selling, direct bitcoin prices plummeted, because they fear getting lower prices when in fact that which causes the price drops are selling on a large scale, this happens because there altcoin prices rise so high that sales mebuat bitcoin getting up and that is all because of the inexperienced people. those people who do not know about the importance of bitcoin, actually they they do not know the importance of bitcoin and when the price take a little correction then they start panic selling and the price fell down unexpectedly. |
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Some countries control the exchange rate of their national currencies against the dollar, most don’t because it is impossible to fight against the markets, in the case of bitcoin the swings in price happen because the lower market cap and because speculators are in fact looking for those big swings so those swings get amplified by the market.
may be in some countries it is possible. but i think when we speak about bitcoin, the uses of bitcoin are increasing from time to time and therefore it is now becoming more difficult to manipulate the price of bitcoin. |
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honest, when prices rose bitcoin, very difficult to produce 0.1 BTC per day, even with trading. many are trying to switch from trading, to gambling, but mostly it just makes them less BTC. the only way to produce 0.1 BTC every week is to have a long-term investment in altcoin, or try to trade with the more powerful.
earning 0.1 bitcoin per week is really such a big amount and i do not think that one can get it from signature campaign i think it can only be possible if you are trading alt coins. |
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Passive income is something where you put money and simply watch it growing without working or making any efforts and if we talk about signature campaign then its not an passive income as you have to work for it and make posts on daily basis then only you will be get paid at the end of the day.
Yeah Exactly passive income is a one time investment and then see the money growth. There are not much passive income scheme which are really legal and paying. Most of such schemes are for short term only and should be avoided. If you want passive income then you can rent your apartment or land and keep on collecting rent on monthly basis and in that case you don't have to work the only thing you need to do is go to collect rent at the end of the month. Nope passive income is not a one time investment. Passive income still requires a thorough attention and management to maintain or even increase your income. For example you want to increase your monthly rent income then you can think of expanding by creating more rooms. Passive income does not stop after the first investment you should keep that in mind. i think passive income is only possible from investing in casino. i do not think that one can get passive income from trading as no one can get a fixed income from trading. |
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Yes, I think that Bitcoin is becoming a global currency. Because, Bitcoin has gained it's popularity now-a-days. Also most of the people are very interested in Bitocoin. So, as it has become a useful thing to people, it can become a Global Currency.
to me i think bitcoin already a global currency, because bitcoin is present in all over the world i do not think that there will be a single country where bitcoin will not be using. |
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You could just invest them in gambling but it would be very risky.otherwise u could buy bitcoins with it and wait until u make enough profit.
I seen many gamblers here for review about investment in gambling casino but for me it is still risky even i don't experience to invest in any gambling site there is still possibility that you will lose as house that you are invest in.. Less risk is trading but it needs study and knowledge before you can make a good profit in trading.. There is no guarantee that casinos will pay you in long term and it involves same risk as investing money in gambling so its better not to go for that way of making money and $20 is not too huge amount so even the profits will be lower and trading is always an good option in compare to gambling to earn some profits. i think different casinos have different strategies and rules regulation, i think there are so many stable casino which can give you a very good and stable income you just need to study and find these casinos. |
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What i do when the price shoots up i think is also done by other people. I convert some bitcoin to cover up some of my bills and buy something nice. I do want something from what I am working with. Though still trying my best to save for another price rises..
i have no idea about the other people but to me i myself still doing nothing with bitcoin i am just hold it for the price increase and hope that very soon it will become ski rocky and and hope that it will give us a good income in next few moths. |
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As a trader i do consider some trades that i missed on buying bitcoin on a cheaper price and those situations cant really be avoided because no one really knows whats the movement of bitcoin on next minute,hour,day,week and soo on but we should not give up as long we are on positive profits that means we are doing good.
yes i also have the same feeling. every one who is related to trading must have missed the right time. because no one can be so perfect to catch every best moment in trading. some time we take a wrong decision and which cause some lost to use. because no one can be perfect in this world. |
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just throw a little to get a profit when the price of bitcoin go to $10k 2017 - 2018
i'll be waiting to see this price in 2017-2018 if its really happen and i am sure it will. i already selling my bitcoin for $12xx and i made a profit from there and i still have another bitcoin in my wallet, i think i will wait for a moment in case i see there are up trends in this week and next week and i hope i am right to hold it for now until the price is increase more. yes i am also still waiting for the price increase. as the price is still expected to increase more and more therefore the best option is to hold bitcoin not to sell it at least for next one year. i am welling to wait tell the price of bitcoin raise to 2000 USD |
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The better time for me for trading is the altcoin is at a cheaper price while the bitcoin is soaring high. This is the good time to do so, to invest while its affordable. Once the price pump you can earn big, you can earn relly profit.
but to me i think it is the better time to trade. although some people think that the price of bitcoin is now trading a little high but i think still there is time to trade bitcoin because the price of bitcoin can go some more high for next few months. and that is way i also have decided to wait and not sell my bitcoins right now. |
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Is it possible to earn 1000 or atleast 100 bitcoins with trading Altcoins.If I buy some bitcoin at cheaper rate today and it's price goes up in future?Which alt you think has potential to make me 1000 btc
1000 BTC for an ordinary traders like me is very hard to gain it, though I'm not underestimating my capability but I'm just putting myself in reality. The only person who can avail that is those whale investor who has big capital investment. That can be possible to be happen in altcoin investment because there coins out there has cheaper value but full of potential to be increase someday. yes nothing is impossible in this world and it can be possible by trading and gambling. if you are a good gambler and having good experience in gambling and trading then you can make more that 1000 bitcoin in a very very short period of time. |
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i think if you want to start trading with small amount, you can trying with yobit because i see in yobit there is many altcoin that have cheap price and i think you can start to buy some coins and make a profit. but be careful because there many coin too that could make you getting stuck for a while.
Yes, yobit is one of the best site to trade altcoins because of their coins there; a lot of coins to choose from and most of them are very cheap and that is good for a small timer trader and also to those people who want to experience trading altcoins. But as you said a while ago, newbies or traders should be careful because some of the coins there might help you to earn or help you to lose. So pick wisely and do research first. to me i am also using yobit for trading alt coin. where one can trade some cheap alt coins, but here cheap does not mean that they are dead, they have good potential that their price will increase but just need a little push and you can make good money from it. |
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