In a price range such as this I was curious how most of you hold/trade your asset. Such as just hold and never sell, position trade based on price and or swap currencies through an exchange for another and or cash out.
If you know bitcoin must know even that is very capricious. So this movements of value are almost normal for it. Maybe not so deep change but we are near of the normal movements of it. As such, every bitcoiner, do that which needed to do: HODL. |
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I don't think so. The story of price of bitcoin has testify that behind every price was a reason and was not the consequence of the causality or such rules. The same with the pump of the last months. Now that the Chinese exchanges have problems the price is going down. See for more here: http://www.reuters.com/article/us-china-bitcoin-idUSKBN14V15Q |
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is bitcoin more popular than US Dollar ?
Question without meaning. If bitcoin would be more popular than us dollar its value would be much more higher. All the bitcoiners hope and wonder that bitcoin be popular like us dollar but that time is yet far away. |
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Should I believe in Bitcoin ?
I have 10k $ and maybe going to buy , but I doubt the further development of Bitcoin and I'm afraid to lose money! Can you convince me or dissuaded from buying?
No one can do that you are requesting. For sure bitcoin will not die never. It is a technological pearl and have his supporters who are stubborn. But the profits with bitcoin depends from the regulation it will have and from the status that will have from the authorities. Since these lats are unpredictable in time investing in bitcoin will be always doubtful (legally speaking). I have invested in bitcoin. Only you yourself can decide what to do. |
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For speculation? To buy on the dark web? To buy online on sites like purse.io? To send money? To do business? To have your money under your control?
What is/are your purposes when yu buy bitcoin?
I have bought before since some months ago. I don't buy more because the price is high and don't have savings to use. I have bought bitcoin because hope (to much) that the price of bitcoin will go high (as is verified the last three months). So i treat this action as an investment. If I would have money I will continue to buy again bitcoin. |
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Does someone has any suggestions how to make 17 BTC with 7 BTC starting capital in short period of time?
In short period of time cannot be made even from Satoshi himself according to me. In long term have hope to have that amount but even more participating in various crypto ICO-s (like the ICO which can be found at my signature). |
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Hey guys, I started using Bitcoin this year (2016) in april.  Now my question for you is:
When did you begin using Bitcoin?Best regards, Patrick  I started four years ago. And the value of one bitcoin was about 35-40 us dollar one. I was stupid to not buy to many at that time but my conviction about the value of it was not so strong like it is now. But now is impossible to buy bitcoin because of its value; so I am arranging myself with the amount had from these times (and some after). |
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Storing of Bitcoins is against Bitcoin.
No one will offer services for Bitcoin.
Spend Your Bitcoins.
Sorry but cannot follow you. If the value of bitcoin increased every day and even is told that this value will have big figures in the near future, for sure, I will hold bitcoin. I am not rich to play with money but buy or hope to earn bitcoin to earn money and to have profit. I cannot send away this profit. And not only me I think. |
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Is it possible to do money laundering via bitcoin? I mean as no one knows if you have bitcoin and how much bitcoin do you actually own, it could be used to convert black money to white right? Or at least store your black money without much hassle. But there is the risk of its value but I think for people who have lots of black money and don't want to be caught, this risk might be worth taking for them isn't it?
What are your thoughts?
Money laundering can be made in several ways and basically have nothing to do with the money but the tools used to realize this process. In this way bitcoin may be the tool but anyway everything can be discovered if bitcoin is regulated as a asset or currency. |
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If you had to convert all your wealth to either Bitcoin or gold and keep it there for 10 years, which would you choose? Keep in mind the fact that Bitcoin has only been around for 5 years, and could be fundamentally different in any number of ways in 10 years.
Only to diversificate must tell both but for sure I love bitcoin. So, much more in bitcoin than in gold even I will have both in my portfolio. Gold is the investment of the past days while bitcoin is the investment of the tomorrow's days. |
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It seems like this project looks great, massive advertising anywhere including google, and this forum certainly need huge funds. Fundraisers also seen success, almost 3.000 btc already accumulated, may become the largest fundraiser at this time. And one of the things that attracted me was, how mining these coins?
Cannot be mined. Are tokens. Created in various platforms (ethereum, waves, etc). |
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I just want to spend one Bitcoin today, never have bought anything, always investing, any recomendations, shops, etc?
What was the last product you have bought with Bitcoin?
The only good place I know in which I can spend one bitcoin is my wallet. So must be even for you. Have in mind that the value of bitcoin can be 100 time more and even you will have my desire. |
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Not being an dev cannot tell for sure that is a fake. But having experience on internet I can tell that is not easy to create bitcoin. If it will be so easy to create it then all the system of bitcoin will failure immediately. My advice is: stay away from such kind of solutions.
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In one of the topics I read "If bitcoin will reach $10.000, fiat currency has become worthless"
Do you agree with this statement?
Don't think so. First because even will have that big amount there will be to many people on the Earth which will have not heard about it and will use fiat currency. Second because the fiat currency are money of the countries (while bitcoin is money of the people). No one country will accept to have a worthless money in which will be based its country economy. So will do everything that this money have the needed value to be used by everyone within every country. |
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What is happening right now with the value of Bitcoin can all be partly traced to China. Chinese hold a big portion of the quantity of Bitcoin now circulating globally...they can manipulate its value and whatever they do that can affect Bitcoin will have a direct and indirect impact on its market value. Not to mention the fact that pronouncements from the China government in relation to Bitcoin can send the value of Bitcoin tumbling down or rolling up.
And this leads me into thinking...is Bitcoin now tied to China and is there something we can do about it?
It is true that Chinese country have to do to much with bitcoin nowadays. The last pump was dedicated to them. The same can be told even the actual dump. What can we do about this? Only one thing: spread the word about bitcoin everywhere. In this way bitcoin will not depend more only from Chinese market and for more from the statements of the Chinese Government which are even the reason of this actual dump. |
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Guys , can someone tell me what is happening with Bitcoin ? In only 2 hours his price dropped over 10% . Now his price is 880$. What should i do? Sell my bitcoins or buy more?
Definitely buy more. You must remember that only two-three months ago the value of bitcoin was about 450-500 us dollar. In this moment is above 900 us dollar. So is double. Tell me one currency or investment with such increase of value within this short time. |
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Today's investors do not care about bitcoin? Have not hear such strange thing so far. The price of bitcoin the last of three months and the volume of trade of bitcoin in all the biggest or not exchanges seems that testify the opposite.
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No I do not have any bitcoin Debit card as there is no any ATM for bitcoin in my country, I hope it will reach sooner to our country as the users of bitcoin are increasing faster in my country and the government is also in its favor.
The bitcoin debit card have nothing to do with the bitcoin ATM. The bitcoin debit card use bitcoin to have cash (normally euro, us dollar, pound etc). So you spend your bitcoin to have normal fiat currency. So needed ATM for the last ones and not for bitcoin. And ATM for those currencies must be in most of the countries of world now. |
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I noticed that the price of Bitcoin change much like all altcoins.
But the price of other traditional currencies like the euro, for example, are stable and do not change much.
It is the government that control their prices?
Bitcoin is decentralized while the traditional currencies are centralized money. Being decentralized mean, among other things, to not have someone or something that can take care of you. Bitcoin is free to do what "he do". While the centralized currencies are subject of care from the Central Banks (not the governments) of the respective countries which control those and their value controlling mainly the supply of those at the market. |
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