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Its a perfect time to buy bitcoin. I am watching the price its dumping and taking some time to increase, The price was 11k and then decrease to 8k after few hours its pump up and become 10k. Which mean its alive and it will up after decreasing its a perfect and good time to buy bitcoin. I my self buy a lots of coin when i predict the price and the big point is it never to late for bitcoin especially when you buy it. No matter when you buy it will always gives you profit.
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As a holder the thing which always fear is it get hacked by someone or losing your wallet key. Since bitcoin now is the most powerful currency and contain large amount of money. Hackers can hacked bank accounts, credit cards etc, so for hackers its not a big task to hack wallet's security. About losing key, Bitcoin is Anonymous there's no identity required to join its community so there's no chance to recover your lost key once you lose it, you'll never found it.
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The thing which can we can explain to children is saving and holding you the bitcoin and how to invest, they can't understand about trading and gambling saving private keys etc. For teenagers its easy to explain them all Including Sending & Receiving bitcoins, not to trust anyone, always be wise, when you buy and when to sell.
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With the unpredictable changes in bitcoin price people have chose to hold instead of day trading,I mean the majority have.
How risky is day trading at the moment?
I have no experience of day trading, even i avoid it to do day trading. I think in this wise, we can't earn a lot of profit. If you buy coins and hold it for a time then you will get big profit without any difficulty. But now a days it is true we can't predict about bitcoin price that is why day trading is best for some traders who can do it easily. |
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people are making too big a deal out of CME futures now. whereas it has been around for a while now.
when they made the announcement last year, everyone was talking about it and then it was forgotten completely until a couple of days ago when the price took the dip! then they all started talking about it.
it is not going to change anything. the recent drop had too little to do with this.
I feel opposite of your opinion and i think CME has a major impact on bitcoin prices. As you Know that Bitcoin is mostly being effect by the good and bad news of the market and CME futures is playing a major role here. My suggestion to bitcoin holders is not to panic even if the contract closes and price dumps to 7 or 8K. It is rising again as you may see. |
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let me remind you of this, that this is not the first time bitcoin has crashed very significantly and is not the worst of it all. (correct me if i'm wrong) Based on bitcoin history, crashes occur on:
2011 jun- Nov: -97%---> From $ 32 to $ 2
2012 jan - Aug: -36%---> From from $ 7 to $ 4
2013 Mar 6 -11: -25%---> From $ 49 to $ 36
2013 Apr 10: -79%---> From $ 266 to $ 54
2014 Feb 24: -49%---> From $ 867 to $ 439
2017 jun 11-16: -36%---> From $ 3,000 to $ 1.869
2017 Sept 2-15: -40%---> From $ 5,000 to $ 2,972
2018 Jan 17: -48%---> From $ 19,783 to $ 9,496
If viewed from history, crashes often happen every year since 2011 and proved that this year is not the worst year of the year - the year before. What do you think, whether this crash will continue or not?
i viewed it, and these were big crashes, but this bitcoin history give us lesson that every pump give us dump and after big crash it mean the time is coming when we will see bitcoin again rise. Now in this time bitcoin crash from $19783 to $9496. Then the next year we will see bitcoin crash from $25000 to $15000. |
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As i see bitcoincash was very fast and reach to the 3rd place in coinmarketcap in just only a few months do you guys think that bitcoincash can overtake bitcoin in the future? How long do you think?
But i believe it can surpass bitcoin. |
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Bitcointalk username: Qunenin
Current post count: 1624
Ethereum Address: 0xD179Bb81f067518E5Ec718Baa18339F99238dC61
Current Rank: Hero Member
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Bitcoin has a good future. I think you're just worry about your coins by watching the chart and price list. I suggest you to wait and do not sell your coin in panic. Its just temporary, When ever price increase a bad news appeared which make fall the price. Better to buy more bitcoins and hold them, Because bitcoin never regret any one and gives huge profits every years unless you make a wrong decsion of panic selling.
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Is it possible that Bitcoin falls lower than $6000!
Which is the level of 31 Oct 2017!
Maybe yes it will fall more and stuck at $5,000. Since there's still many people using bitcoin. This currency still alive and surviving. We have to wait that's all. Anyways its good for you and for us. Its a right time to buy many bitcoin and hold them for months. Predictors said 2018 is the year of bitcoins. It will start with fall but at the end it will increase with high price. Maybe it will touch $50,000 per bitcoins. |
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Maybe not to get rich, but sure as hell to earn a decent amount of money with bitcoins.
How much money did you earn with bitcoins? Or did you lose some?
The thing which can makes you rich is holding coins and patient. More you invest more the profit you gain and increase the chances of become richest. I don't earn much money with bitcoins. But still i got enough to spend it. Well yeah i lose some money when i was new. After step-in bitcoin i did large investments unfortunately at the same time a fork appeared which makes me worried about my invests. Without losing any time i sell them and lose my money.  |
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A fall below $ 7,950 on the bitfinex will make it clear that the markup is not valid, because wave 2 can not fall below wave 1. This will be very bad.
I just want to say its a nature of bitcoins. It is not possible that crypto currencies will always keep going higher and higher. It can also Suffer a decline. So don't be panic sell. Just wait and hope for the growth of bitcoins. Bitcoin only gives you benefits when you invest for long term. You have to buy bitcoins now and hold them for a month or for a year. Panic sell won't give you any profit. |
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Its a good idea to save bitcoin for the future of your kids. But we should not depend on bitcoins neither think that in can make our future bright. Its hard to believe but bitcoin can be crash any time. So better to not depends on these crypto currencies. Better to get as much profit at the right time. You never know after 20 years they may be no name for bitcoins.
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Fees and slow transfers are killing BTC.
No, the high fees are killing the usage of bitcoin as a currency but are not killing bitcoin in the overall sense, bitcoin is very much alive and well, but there is no doubt we need to solve that problem asap if bitcoin wants to make an impact in the next years especially since it seems a lot of money is going to be invested in bitcoin in the next years. Bitcoin fee is no doubt very high but it is not killing bitcoins in any way. People are trying to find ways to cut the fee low but the main problem is with online wallets and exchanges which are charging very high bitcoin fee even for small transactions. Other than that people can customize the tx fee from their desktop wallets etc. |
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You have to do highly invests in bitcoins if you want to really get rich with bitcoins. Its possible to become rich with crypto currency but its risky enough. Nobody want to take highly risk by investing high in it. The bitcoin price should touch at least 1 million per bitcoin, which can make us rich also. We have to wait, i believe in some years , before bitcoin can make everyone rich.
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At this time bitcoin price is very Expensive.So Not everyone can buy Bitcoin.I think right now buy litecoin or ETH.Because They are still caught in the eye.Maybe new year this altcoin is booming.
Even though bitcoin is very very expensive but still we do not have to buy full Bitcoin. We can only buy a portion of an Bitcoin according to our budget and still get good profits. Unlike altcoins which are cheap and they are not in the positive rising trends. Most of them are dipping in price and profits from them will take some months atleast. |
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Losing is part of successfully trading. If you treat losing as part of trading then you are an experienced trader.
Losing happens with all sort of trade, though you were experienced or have good knowledge about it. In my view one can be considered successful in trading when he has the ability to minimize loss or avoid loss even during times of hard financial crisis. With bitcoin it is very hard because price fluctuation occurs without any notification. That's right. Losing is always a part of trade. No one is perfect, and no one has all the knowledge that would help them actually decide on which trades would actually work best. Losing, I think, can be seen as a good thing because it has a lot of potential to teach someone and give him or her good experience, which can help that person with his/her future dealings. As they say, "experience is the best teacher", and if you consider losing as an experience, then you could probably get a lot of good things from it even at the expense of some of your assets at times. Without losing, i never see any business or trade. In trade we have lost our money, but it is by mistaken happened and also losses give us lesson and improve ourself in trade. But we should overcome our fear of losing money and it is happened when we have profit from trading then automatically we have overcome from our fear. |
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What is happening?
will it change after adjustment since the transaction cost is being affected by the crazy price rise
Seriously this is not understandable. The fee is way too high now and for people who want to send small amounts they have to pay the fee almost similar to the transaction amount. The overall structure of fee is not changed, its just that the value of bitcoin is increase a lot. So even if we send a very minor amount of satoshi, the fee for that when converted to dollars is a lot. |
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What are the reasons, why people use Cash or Credit Cards / ATM / Banks?
* Work offline 100%
* No fees.
* Accepted for Food Shopping & Micropayments
* 0 confermations time
* 0 exchange risks
* anyone is able to understanding of the value of payment
I agree with your all points. Cash has more value than bitcoin. I think there's a reason behind it. People are using cash and paper money from start they have all knowledge about it. But to understand bitcoin you need someone to give info about it. Most of people don't want to learn new things, Maybe bitcoin can replace paper money if everyone start using it and only it will be possible when government start accepting it openly. Paper money can never stay on top always and will be overcome completely by digital currency one day. |
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I think that's the main reason why the price of bitcoin went down and the fees got increase.There's no way to stop sending bitcoin , because if we stop the mining process would also stop. Many people are running there mining machine they're using their power and money to run it all power will be lost. Bitcoins tx can't be stopped for a day as well buz millions of people using it. |
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