If you create a time machine, just sell it and you will be able to make more money then buying Bitcoins.
That's an invalid and illogical thought, as we all know we cannot create a time machine, but we can surely work hard in our work and try to multiply our wealth by working overtime. |
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If my company ever decided to pay me in Bitcoin, I would definitely accept the offer. But I will definitely not quite my job.
Yeah you should never quit your job, as bitcoin is good as an extra, and for sake of that extra you cannot afford to quit your full time job, as you get variety of benefits from your job. |
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That is just really stupid. If you are waiting for this, then you are just completely crazy and out of your mind.
waiting for the price to crash that low is like expecting many of us to panic again and make the price go lower than $100.. But I really don't think that bitcoin would go that low in near future, the value might fall down in future but going back to $100 is something unbelievable but can't be sure though. |
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BUY LOW / SELL HIGH thats basic in trading and thats what i follow.
Sometimes you have to wait the price to go down and buy inorder to have a profit.
How can you be so sure that this is the lowest and best price to buy? As no one can judge what is the perfect time to buy or sell your bitcoins, it totally depends on your luck while trading with your bitcoins. |
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I would think that 10-20 Bitcoins would be enough for you to retire in 20 years. With all the halving and stuff, it will rise rapidly.
Yeah I would agree, I think this enough after years and price will be more 1000$ for each bitcoin So its would a retirement fund for me. yes i agree, bitcoin prices certainly for the next 20 years will be over $1000. because I am sure will be many new adopters and other things that are positive for bitcoin you need more than it, what happen if the bitcoin rate down to $ 200..? if you can save 100 bitcoin is middle value for retire in 20years That's true we can arrive at a perfect decision that what exact value of bitcoins should we hold in next 20 years, as we don't know whether bitcoin will survive that long or not. |
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You did a good thing by not selling. The price is going up now again so
who knows what the value of bitcoin will be tomorrow.
That might be a good idea that OP didn't sell any coin at that moment..but what if the unexpected happen than what we are expecting right now?  At a moment price will keep on rising it won't fall below $400 as the halving is also coming so we can expect some better price in next couple of months, so is better to hold till then. |
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I seriously doubt that Bitcoin will replace Dollar, espacially that this will happen soon, but I think that pretty soon Bitcoin will be accepted as any hard currency everywhere in the world
Well is difficult to say of course ,I also think its not possible because the bitcoin has a bad name and all banks are hating on it they want to destroy it. I think the bitcoin can be a real currency in the future but I do not see it happen that they will replace the dollar its too much. No doubt about that, bitcoin will be accepted anywhere in the world in this coming years, but it won't really replace dollar or any fiat, that was too ambitious.. Yeah, bitcoin will be more popular in coming years, but it cannot replace any major currency, as many people have habit of spending fiat, and its difficult for them to switch to any digital currency. |
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As I can see the price, it's the right time to buy now since I heard some rumor that bitcoin's value will got higher about 25% in the middle of the year.
I'm personally also bought some bits and hold until the time has come
Where is the rumour? I think the price will be $700 or higher after the halving. That is over 70% higher. Yeah it is expected that the price would be much higher after halving, so smart move to be to hold your bitcoins until the halving and sell some bitcoins when price climbs up. |
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Maybe they wanna get a panic reaction, so a lot of people will sell their coins, which would lead to a massive
pricedrop, so they can get more coins at a cheaper price.
yeah, that's true they just want to manipulate the price of bitcoin by saying that it is dead and its not going to survive, majority of the people get carried away with it and sell their coins the lowest price. |
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Bitcoin is definitely better than gold. Gold isn't going anywhere soon. Bitcoin on the other hand is going to rise in price.
This two things can't compared because it is different. Gold as stock and bitcoin as digital currenCy. But it is okay if we talk about investment, I have to choose gold for now and only put little money invest in bitcoin. Yeah its good to invest in both as both are good when it comes to an investment as gold is older and trusted by most people where as bitcoin can give you good returns in short term. |
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If you hold 10 or more you are part of an elite.
This is my conclusion after the years I have been involved here. Absolutely no one in real life knows what the hell Bitcoin is, and even your most geeky friends may probably never heard about Bitcoin. Now if you take into account the people that has heard about it... what percentage own 1 BTC? Exactly.. you know almost no one.
And what percentage own 10 BTC? I personally know no one (people from this forum don't count obviously).
This simple observation shows you only need 1 BTC to be a pioneer on Bitcoin in 2016.
Very nicely put, I agree. I'm not holdind 1 BTC yet but in the end of the Summer 2016 I hope I will have one. Also living in a big city I don't know anyone who own 10 BTC. A friend of mine has several Bitocins because he used to mine more than a year recently but he never have had 10 BTC I know that for sure. Yeah its difficult for anyone to hold that big amount, as I have earned more then 1 btc for sure, but I have never had 1 whole btc in wallet to just keep it safe for future, as I keep on spending. |
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Indeed I think that the problem is that most of the people do not know about bitcoin, not that they do not want to use it.
If we guide them in a proper and positive way then I think the scenario can be changed, but it totally depends on them whether they want to accept it or not. Yeah, but if they holds negative mindsets then it would be really difficult to motivate them, as we find many people who don't have faith in digital currency. It is our responsibility to inform our neighbors and friends about potentials of bitcoin, Importance of bitcoin, and bitcoin's role in digital world. If we work for bitcoin's promotions a little bit, then no doubt every one will start using bitcoin. That's true but the reality is that we don't want that our friends and relatives should start earning bitcoins, and that's our human nature we want to keep it secret that we are earning bitcoins, true or not? |
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The thing that's gonna kill bitcoin is the lag time between payment and confirmation. Also, the need for escrow for larger transactions.
Sometimes transactions are taking long time to complete. But you cannot say that it will destroy bitcoins. There has to be a solution to this problem and when the solution will be implement, bitcoins will rise to new heights Delayed transaction wouldn't "destroy" bitcoin, but maybe it broke bitcoin feature that we know the fastest transaction. Nothing can destroy bitcoin unless United Nation decide to shut down every activity realted to bitcoin . And I don't see it happening bitcoin is decentralized and it will continue its freedom in future too, no government body or UN can control it, so just relax and enjoy the fun of holding bitcoins. |
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yes it is real money for me i can do everything with bitcoin like real money
That's right if bitcoin is taking care of us even by converting to fiat then its real for us, as we don't find any physical shop that accepts bitcoin at a moment, but things will change in future for sure. |
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I don't think banks will ever disappear because a lot of people don't trust themselves, so they like to put their money into someone's hands under a contract, so they manage their money for them so if they screw up they can have someone to blame to but them, of course then when the government take their money and they can't do nothing about it they will complain.
Banks would be surviving for sure, no crypto can make them disappear as people have more trust in banks and they would never trust any digital currency as they trust the banks. Yeah banks are the most traditional systems that we have and we can find maximum users of banks which have more faith in banks and they would continue to use the same. |
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There are few methods from which bitcoins can be grown. Faucets, signature campaigns , gambling and investment.
Gambling can be risky and investment requires you must have quite big amount of bitcoins with you to gamble safe. But Faucets and signature campaigns are good method to increase the bitcoins.
Faucets are good for newbies, but it is a waste of time and too time consuming as the returns are in peanuts, so I would prefer to grow my bitcoins with signature campaigns. newbie is not suitable for the signature campaign. they have not been too know about this, the better Iranians, and while studying in this forum Yeah, atleast you need to be a junior member to join any signature campaign but again again you need to post a quality one or else you would be surely get banned from the campaign. |
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I would choose for the bitcoin wallet is way better secured than a bank and you can control it by yourself, no one is looking into only you are.
I think the bitcoin wallet is also a lot faster and a lot easier if you ask me, also the bitcoin will go to a high amount so you will get profit if you hold them in your wallet, and more profit than on a bank by interest.
I am with you man. I also like bitcoin wallet more then banks, because of their safety and security are you mean bank not safety and security ? I think they are guaranteed by government agencies. and you will get a lot of security than the bitcoin Yes banks are very safe and the common people would surely choose banks over the bitcoins as they are not aware about bitcoins and they would surely hesitate using bitcoins at initial stage. |
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I think companies like coinbase use a different wallet for every deposit so no one can track the amount of a customers deposits. It's not all being put in the same wallet for deposit.
Yes but for us ordinary bitcoin users why should coined many bitcoin wallet? I still do not understand what is the reason. because for safety mate. most people say that. you will not lose all your money, if one day the purse was hacked. Yeah, and its better to have multiple wallets rather then having a single, because having multiple wallets will diversify your risk, even if your one wallet gets hacked rest of them are safe. |
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The biggest problem is with Bitcoin that you never know what to do. I always think when should I buy it or sell it.
Because you dont know how it will happen later in the future and that is not good. You should just have to take the risk if you do something.
wtf you can do everything with bitcoin mate. you can invest. looking for entertainment (women) exotiva.tv, shopping, etc. all you can do with bitcoin Yeah, I think he is not aware about the benefits associated with bitcoins and that is the reason he is complaining about bitcoins, bitcoin is offering us variety of benefits, you just need to have a good research on it. |
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Halving is coming up very quickly so yes. For the most part I'm holding onto my Bitcoins. I plan on selling them or buying goods/services with them gradually.
Its will happen 5 month again mate, are you sure want to hold for that time ? Yes its better to hold till that time as we have waited too long and more 5 months won't make any difference as it is said that patience pays, so its better to wait until the halving. |
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