1000 bitcoin is maybe possible but for the most people its not reachable because its an amount that only can be done if you started early with the bitcoin or invest with a very large amount.
To be honest, Yes I can partly agree with you but I dont agree with another part of your statement. Reaching milestone of 1000 BTC is also possible for the one who is completely newbie at this moment but it will be comparatively difficult for his as compared with early adapters. There are many ways to reach 1000 BTC milestone but it will need best and optimum use of time and skills. Example - If one can set up bitcoin business and start offering bitcoin services then he can earn good commission because in most of the countries there are less than 1% people who have heard about bitcoin so there are 99% prospective customers. One can see this as an opportunity and soon he can reach new milestones. It's difficult but it's possible. Actually, that would only depend on a person if he can convert his effort into money. There's nothing impossible in this world and we can achieve whatever we dream if we have our way to do it. I think the key things that will need to reach 1000 BTC milestone are, - Time Depending upon the way user is using it
- Skills The most important factor to make optimum utilisation of resources
- Patience If water boils at 100-degree temperature then one must not get panic at 98 degrees by noticing no movement in the water.
- Smart Approach It all depends on how you utilise what you have.
These are the main things I find necessary. I'm sure you have a big chance to get that if you have the money on hand, it takes money to make money and that's reality. No one will be able to get that big amount of money by just working alone, you have to invest and be a risk taker. |
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Is it better to save money in bank or invest it online, in real estate or maybe gold?
Better invest it than let it sleep in the bank. If u invest it it will have the chance to earn, much more than the interest a savings account does. It just comes down to how or what to invest. I think we can do two things if we wanna grow our money.Firstly, invest on a good altcoin sector because it can give you good profit in quick time.But you need to have goos skills, experience to be succeeded.And secondly, you can hold on cold storage because we know bitcoin price is increasing day by day. Whatever your desire you can do it, but make sure you have all the knowledge.. Altcoins is good but requires enough knowledge for you not to fail yourself by putting your money in an shitcoins as they call it. It's not only money that you lose but as well as your time. |
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Paper money is a liability so it is not real good to use anymore because of the ease of counterfeiting it now. Also this and it's becoming a relic to use.
Wow really? Can you live without paper money. I guess you should know what you are saying.. Whether we like it or not, we are still force to use paper money as almost all of our needs in this world to survive especially the basic needs can only be purchase using our paper money. |
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There's a regulation that is already functioning for the exchange sites, like in my local exchange,we were required to comply with he KYC Policy and fill up all the information that is necessary. With that rules, we have no choice but to follow and i guess it's just fine because exchange sites are legitimate and they are operating with the license granted by the government.
What I am afraid of to happen, is the time will come that our transaction will be tax..
And that is already implementing here in my country as well. It's not that they have no choice but it's really a must if a legit company will comply to the rules and regulations under the anti-money laundering act of a certain country since they are involved in money transfers. Just fine with me and I see no wrong if ever some of my information will be on hand. About the tax, it's already there in a different form. You can obviously see that in their given exchange rates. Regulations that could interfere our freedom of bitcoin transaction, well it's fair thing to avoid money laundering. However, even the regulation in every country have any difference to support bitcoin used, unfortunately there is no such things in my country, so we don't have tax to pay on bitcoin transaction to exchanges. Well, we have no choice but to adopt with the government otherwise we will be penalize.. They are just making the laws to ensure that everything was done legally online and you are right to prevent money laundering. But I guess they cannot control everything. |
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What is the obstacles, challenges and problems that Bitcoin can face it in 5 years? How we can help Bitcoin to take more authoritative place in the world of currency system?
I think from the first rise of bitcoin until whenever still the same problems, - how to get massive adoption - security issues (hackers) Those factors will affect the price and stability of bitcoin security issues always be makes bitcoin price unsteady and dropped and it does happened several times because if there is sites who got hack then people will start to selling their bitcoin then the price suddenly will dropped faster because panic sell and latest issue bitfinex has been makes it but fortunately the price step by step rise up again There are always some of obstacle in any journey. I think in the future bitcoin will get problem if the time of transaction is still not going faster. But there is some positive thing in the future of bitcoin. It seems after new president of america was choosed bitcoin price will grow up. I think the security is good enough, so I do not worry about it. We won't if the price will continue to rise as miners will be more interested to operate if they are profitable. They will support and we rely on them in the future, therefore it is just fair to help the price of bitcoin increase as well so we are all be benefited. |
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I think there is no minimum amount to start trading. When i started trading, i started with only 0.001 from my earnings in hyips because i was also new to bitcoin that time. I didn't know about this forum. But right now my total earnings in trading is almost 1 btc with the help of signature campaign earnings as my capital to do trading.
The is always a minimum cause it there's none you ca trade with 1 sat. it's just good that some trading sites only require a lower minimum so more people can participate and I like the idea because they are willing to help us as well to be master in trading. |
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Yes, and the main reasons are that, besides functioning as a safe way to store value, it's also a form of investment and can be profitable
if you are patient and strive to know the market.
That is right. But for the bitcoin investment, you do not have to know the market. You can just buy and hold. Your statement (you do not have to know the market) have no sense...WE SHOULD... The market is what is happening with bitcoin and you will only invest if you are convince that there's a good market that you can see with bitcoin. The price is the living evidence and you can tell if the price is good the market is good. Pretty simple but we still need to study a bit. |
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Never bet more than you can afford. If it's not fun money then you're betting to much. People who think they're professional gamblers are gambling addicts. That would be my advice.
It's too basic as a gambler that the same principle should be followed all the time, however there are still gamblers that does not follow the same principle as at first they gamble with the amount of money but they failed to control themselves during their gambling session. |
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Gambling is worth trying even as a newbie. You need to try gambling but all I can give advice is don't let yourself to get addicted. Gamble is made for fun and entertainment only indeed for me. Encountering it for you to know how it works and have experience too.
yes newbie can also exercise gambling and if they have some experience and having good luck then they can really make good money in gambling, as gambling is mostly concern with gambling. It would more fun on their part as they are still newbie, the excitement is there but they should always consider to put a smaller amount of money in gambling just to have fun and to test their capability, if they have the heart of the winner then they can increase their bets. |
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i am sure bitcoin will be more increase its price and recently bitcoin increasing its price very faster day by day because there is a lot of people are buying bitcoin for the future and i am sure bitcoin will be more rise its price and bitcoin holder will be get a big profit from bitcoin.
yes that is a fact that people are too much confident in buying bitcoins and therefore they are investing more and more money in bitcoin, which increasing the demand of bitcoins so the price goes up, or you could look at the big jumps and figure that the big changes are done by a few big buyers and seller that just want to make some money and that do not much care about bitcoin. the influence of the "people" is quite small and the increase slow. It increase slow on what you see but as long as it's continues, there would be no problem with that. We have a lot way to go and bitcoin is the future of crypto currency and digital currency, the only hindrance why bitcoin does not improve faster and be popular is the government, they cannot make a tax with bitcoin. |
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We can spent more times discussing this, but let's fe real here, who expected bitcoin to be created? I found out for this year ago, and before that I didn't even think about something like this can happen.
It's just that anything can happen, I believe in bitcoin don't understand me wrong, I believe bitcoin will last a long time, but I'm opened for new things, and who knows what will happen in 50 years from now, this technology is changing everything each year. In some moments it's very hard to follow that progress, even harder to predict far future.
Yeah you're right there will be no one who knows the future of bitcoin and you know that technology will always change and grow better. bitcoin were present in the 2000's might look old-fashioned in a few years to come, so it is very likely that bitcoin will be replaced by more sophisticated cryptocurrency, this is just my opinion Something better could always make its way but I don't think tis going to take us by surprise as bitcoin did, since I'm pretty sure when this new hypothetical coin comes there will be a lot of talk here in the forum. Every once in a while a certain coin pops up and people title it as being the REAL thing that will take over Bitcoin's position. But all of them haven't come even close. Ethereum is the latest so far. People were saying that it would take over Bitcoin, but Ethereum has been nothing more than a great get insanely rich quick tool for the developers. Every altcoin is being looked at from the point that it is a shit coin. Only noobs believe that it may have a real chance to surpass Bitcoin where they invest all their money in it with devastating results... You are correct but I think the reason of why a new better coin has not appeared is because it is simply too soon, until new technology, algorithms come forward then we will not see such a coin. For the time being, let's just enjoy what bitcoin has given us. It is very progressive as you can see with the price so do not ever think it will be replace soon, it's not important if this will be replace as long we can still invest with the new coins that will be coming. |
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From my opinion gambling is not kind of investment it's game of luck so there is no doubt if anybody think he can take some benefit in long term than it will regret it. Even in sports betting where we can boost our luck with good analysis but nobody can give you grantee about the match result. Than it has no doubt gambling is not to play for long term.
Yes, people need to understand that gambling sites are running in profit not just for fun but because they have a proper management and think tank who know that people will always loose in gambling. So, if you think you can win in gambling in long term then you might be mistaken, because gambling sites in fact search for such people who are desperate to win. Gambling sites will have fun when they have more profit and we also think of that way, we want to enjoy the game and at the same time to make money. However, we do not own the site and we do not create the rules so the favor is always on them as we will remain losers. |
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Even if US dollar crashes, it will not have any impact on Bitcoin.Bitcoin is not dependant on US Dollars.If US Dollar crashes,Bitcoin will be valued against another currency like euro.
You are right its never been depended on any currency but my question is is this possible that Dollar crashes because I am not sure its going to happen in near future because its going to handle many things Never believe that dollar will crash unless you can see a proof that would convince you to make it happen, in our world here in crypto, we are compose of different countries meeting with one interest, so probably we will also be affected and the price of bitcoin might crash if dollars crash. |
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this time I was not good in managing money that I have. I needs are always changing every time, because I was a student, but I keep trying different ways that I can arrange my financial to date, although it is still less successful
if you're not too good at managing finances, try as hard as possible to save more than you do spending. it will give much better results Definitely that's the key here, you should learn how to cut your expenses as that's necessary for you to be able to save. Think of your future, you wants and you possible plan of investment, you cannot do it if you do not have the right amount of savings. |
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I see the opportunity to buy btc and hold it as being a good opportunity, if you are willing to save your coins for at least one year.
There are other investments such as altcoins and icos. It's rare to find a profitable one, but it's worth keeping an eye out.
yes i am also agree with you i think there is no need to invest money in any where else, you just need to hold bitcoin for some time as people are expecting that the price of bitcoin can reach to all time high price in next few months, therefore we should not lose the opportunity and should only hold bitcoin for the price increase. I don't think only holding bitcoins to make profits is the smart decision to take as anything is possible with the price of bitcoins in future but if we can manage to invest our money at different places then we can expect some profits either from any one of them and it will also reduce the level of risk. It all depends on whether or not you think Bitcoin has a good feature ahead. If you think the demand will increase significantly where more people will use Bitcoin as currency and investment tool, then it's good to take a long term position into Bitcoin. If you're too much worried about the volatility, then you're at the wrong place here. And btw... What kind of investments do you mean with investing in "different places"? You cannot go wrong by holding bitcoin for a long period of time, adoption will keep growing and the same is true for demand so I think we should see a price increase in the next months. I am gonna watch that for the next month, I always wanted a price increase and if you are still not contented with the current price then maybe you should buy some. The increase might happen or not but one thing for sure bitcoin is gonna last and will be progressive in the future to come. |
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If you are in Switzerland, you can buy Bitcoins from the railway ticket machines. ;-)
They activated the service today I think. It's a bit pricey, there is a 6% fee, but at least it's relatively safe.
If you can not trust the swiss railways, what else can you trust? lol
good luck!
I don't know why you guys having a problem with buying bitcoins. In our country, it's just one click away..I really do not understand why. I have a local exchange and I can buy and sell at any given day I need bitcoin. I just have to pay on the outlet then my bitcoins is in my account. |
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absolutely right, even that has been used since. humans often gamble, because maybe it was something interesting, and it is also one of the ways to have fun that has existed since the first, so it is very difficult to leave a gamble if you have to play it, especially if you often win
The thing is we like to have fun, a different kind of fun as we also threat this a competition. If we win, it's something we can be proud of as more people are losing in gambling but we have a chance to win. Although sometimes are just temporary but we were able to enjoy the moment. |
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I do suggest to do drow your bitcoin in trading i think is the best way to grow fast. Sometimes people they want to drow there btc in gambling but i think gambling is to risky for those who want easy money. Trading is risky too but not much risky than gabling so go to trading to increase that btc you have.
Trading could be a better way of growing our bitcoins but not for rapidly. When you are rushing with your bitcoin trading or alt-coin trading, you might some results similar to gambling for your trading. Strong research and right timed tradings will multiply your bitcoins to grow. But it needs lot of study and skills learned though experience. Otherwise, your trading my turn into gambling. Trading is always be a better place where to double and growing our bitcoin even you son't have a full skills on that just follow the flow even though your lossing sometimes but thats the part of trading yahhh it similar with gambling in gambling its too really risk. You can grow your coins by investing as well but the most popular is trading, it's good to trade as coins here are very volatile and we can take advantage of the price movement if and only we have the right knowledge so we can also use our skills. Now-a-days, trading is the best way of growing btc.With proper skills like knowledge,experience you can get a big profit.I also have a good position in trading and got well profit.And one thing, you should always aware of scammer because many trader got scammed and lost his all btc. No question about that as we have seen a lot of successful traders nowadays, when you are in trading you just to be intelligent enough so you will be able to make consistent income and you will have to make yourself aware on the daily even here in the crypto world not just bitcoin itself. |
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Hello, I would like to ask if anyone knows for a good way to invest Bitcoins? I am very interested in purchasing shares of a startups, something like bnktothefuture, but with lower minimums. I am currently active on BTCjam, but I would like to invest in startups too not just loans. Thanks  i will suggest you to invest at poloniex . at this you will get legit profit to give lone . Secondly i will advice to you not to use btcjam because i remembered accurately that i am deceived by a person who did not return lone . Overall i will suggest to invest in casino sites like moneypot . Not just moneypot as there's a lot gambling sites here that accept investment. You can also invest in safedice, betking.io and others. They are good and profitable for the investors, as long as you know how to diversify your investment, you are good to go. |
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Cavs are going to win big tonight.
I just don't see how the cavs can't win that game by double figures with ease.
the line is only like 7 also. Cavs won by 11, 105-94. I bet for them in my NBA Singles thread. Now I'm watching Okc - Clips game, I need 203 points. Toronto beat Charlotte in an intense match. Utah didn't have hard time when they beat Orlando. Charlotte have to step down on the ranking, Toronto is beast on the road, they just beat the Thunder and now the Charlotte.. Experience really make this team stronger, I think they can still go to the east finals this year with the way they play. |
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