Right Time is really important.. this is the time of Saving not for investment. if you invest your money some where you can't reach ROI at the time of halving, but if you save your money then you'll get solid profit when the price will increase. so decide wisely. I am just saving my BTC and I suggest everyone to save and wait for halving. but it doesn't mean that investment don't worth. you can invest also if you think you can get your money with profit back at the time of halving.
Then people can use their fiat money instead to start an investment. There are lots of investments available and not all investment can be seen on online investment. Real life investment is more profitable because it's an active one depends on the chosen investment. Just save bitcoin if you care for the price.
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Hold 50% of your total BTC for price increase and then invest the rest of the amount in p2p lending through btcjam and btcpop. Strictly avoid using HYIP or any form of ponzi schemes which offers crazy returns.
Investing in btcjam and btcpop same shared road of investing in HYIP and ponzi schemes. There are lots of goods options out there with minimal risk with that large amount of capital to start of.
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As tittle says will amazon accept bitcoins in the future?
Amazon should accept bitcoin in the near future because the number of people that are using bitcoin is keeping increasing, but I'm afraid that why amazon is not implementing bitcoin payment method is because of the block size which most of the time hits the limit of 1mb and imagine when amazoners use bitcoin there will be lots of delays on confirmations. No much demands, no priority on-hand. What is the sense of having more people in bitcoin if most of them are not using Amazon services.
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In the overall holding is good and for a long time it can be be better in my eyes because the bitcoin indeed has a future a head that is pretty good. We still should wait if everything will go like it has been planned and if it will gain more publicity, but if this is the fact the bitcoin is gonna be worth a lot on a long term.
Long term holding for really a long time will just give you a nice output if you holds really a lot of coins. Let's say you able to bought 1 bitcoin for the price of $250+ range last year and let's say the price today is around $550 and you decide to sold it. You just gained $300 in that long period of time. Not really worth it. That's why I don't see holding too much is profitable if you don't have big bucks to hold. it is an ok thing to do if you have some money to spare. for example if you have $1000 laying around in your bank account it is so much better to buy bitcoin with it instead and just hold it. bank gives you a very small amount in profit while you can double your money in a long term. Im pointing for the "too much holding". With just a small quantity of coins to be use for holding purposes you can't feel much the profit and the time and patience you applied is not worth it, at least in my view. If I have a spare money of $1000, I will use it for an active circulation rather to hold it for really a long term. Holding can't increase the quantity of people coins but rather just it's value. If will be used actively by taking advantage of every price rally, you can increase the quantity of it together with it's value. I already made decent earnings in my more than 1 year of btc exchange trading journey. Bottom line : All my moves depends on the price movement and price rally that will happen while on my journey of taking profits.
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Hopefully all the volume/liquidity across the board improves on many altcoins so that we can trade more in fiat amount. Only BTC, LTC and ETH, as of today have good volume and liquidity. I wish that changes soon. Crossing my fingers...
Well in the first place others alts are just there for profit taking since fluctuation here is more active than bitcoin. And besides it's good that only few really taking the stage with a nice profit since if all are like that, bitcoin price may not reached the desired price of others. The way I look at it, if volume and liquidity increase significantly across the board on, say, the top 50 altcoins. This means there's more money going around, more people coming in and more demand for the coins... As an after effect a price increase will happen, obviously. But more importantly, it also means that the cryptocurrency economy as a whole is growing. Growth is really the factor to watch here. Right now, I think we are still in the fragile stages as far as crypto is concerned. It could still all fall and fail. And the result will be slow fluctuations. Let's say 50 alts share the stage all at once ranging from at least, $5-$10 price per coin, yes in here we can considered that crypto economy growing. Long term investment goal of some traders and holders will now change since the volume will now be shared by more alts even with the increase of numbers of traders.
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I personally don't think that Bitcoin is going to end up replacing any currency, especially not the US Dollar, within the next 50 years, unless something major and catastrophic happens. Namely a total economic collapse and the end of most "safe havens" for fiat wealth, and a shift within society to a new form of decentralization. None of these things are likely to happen, so it's basically a very definitive "no".
Chances are pretty low... that's why it will never happen. Also bitcoin transaction are done only by online transaction, just a massive internet lockdown even for a day, it will bring a major big problem in most of the transactions.
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especially if you need small amounts, ATMs are saver and easier than going to an exchange or using localbitcoins.
Not at all. It depends because of distance matter. Yes easy for a person if the station is just an inch away or easy to access but not at all are like that. That's why good thing here in our country, even without Bitcoin ATM, cashing out is less hassle using any form of receiving money available here in our country.
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Ok this is it. Finally decided on my sets of bet.
Cleveland Cavaliers @ 2.96 = Moneyline
Cleveland Cavaliers @ 1.92 = Handicap + 6.5 pts
Also putting small bucks here:
Under 208.5 pts @ 1.94
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trading can be good . but its so easy to lose money in short term trading, long term is easier but take more time.
Then why allow to lose money? Yes it's common for a day trader to lose money but can you at least minimize it. And no, long term is not easy as you think. If you are into long term trading meaning taking advantage of the price rally, you must focus everyday in bitcoin price at least in 12h or 1d view. Price rally always happen at least in a minimum of a week or two.
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You are right but maybe people start using bitcoins more than usd ? I mean like today you want to buy domain then you see its price in dollar, maybe in near future we check price in bitcoin and pay ?
It won't change the output. Physical transaction still more present than online transaction in terms of stats.
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Although many may disagree me but I think that now is not the best time for buying 1 BTC today and it may not increase in future since many are buying it now.
The price of bitcoin is really high right now. I don't know is it a good time or not to buy 1 bitcoin, but halving is really close now, maybe it still a good time to buying bitcoin now. yeah the higher price this time, I saw has now reached $573, even $600 was approaching. but if you want to risk it does not matter How come can you tagged a price as "high". What if the price increase to $800 months from now, you will still called around $570 as high price? Of course it will changed. It's a matter of how can you afford to buy at any price rate and accepts all the risk associated with your move.
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I began to think that bitcoin prices fall or rise depending on the users, if they sell bitcoin cheaply, perhaps its price will go down, and if we sell them at high prices, maybe the price will rise
Literally that is the common reason. To make the price move for an increase, it needs a large amount of buy volume. Same goes for the price decrease, it needs a large amount of sell volume.
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I think many people are holding their bitcoin for a price increase now, because halving is really close and the price of bitcoin keep increase since the last 5 days.
As if that is true. They are just saying they will hold but in reality that is not the real happening, at least in those posters here. The real one that holds are the traders that purchasing and accumulating coins CONTINOUSLY.
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Hopefully all the volume/liquidity across the board improves on many altcoins so that we can trade more in fiat amount. Only BTC, LTC and ETH, as of today have good volume and liquidity. I wish that changes soon. Crossing my fingers...
Well in the first place others alts are just there for profit taking since fluctuation here is more active than bitcoin. And besides it's good that only few really taking the stage with a nice profit since if all are like that, bitcoin price may not reached the desired price of others.
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because they're idiots and don't know how anything works.
that 2013 bubble was completely natural, and we will see many more of those before we stabilize.
Not at all. Who knows what will be the future output back then. Besides this is all about profit taking. And with the dip happen months after that 2013 bubble, it opens also another round of opportunity to grab some more coins then just repeat the process every there is a big rally.
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Recently our local wallet exchange provider here in PH offers another great services using our bitcoin.
We can now use our bitcoin to purchase goods in Amazon. Good news for those regular clients of Amazon here in PH that uses bitcoin.
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My friend is interested. He's not in bitcoin community since he doesn't use bitcoin so Im speaking for him.
So how's the deal? Can you show it here not in PM? You can add me or him in facebook too.
Thanks.
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Ayos to ah. Keep it up kabayan. At libre pa.
Oo nga eh gusto ko rin sana magpagawa na gaya ng sa username kaya lang sa numbers of characters pa lang na gusto ko talagang aabutin ng siyam siyam hehe.
May mga na PM ako dati na nagoofer ng same service kaya lang matagal raw sa Harizen. Ano masasabi mo dito kabayan?
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The price of bitcoin is an indication of its usage. the more the usage, or the adoption, the higher the price.
Then how can we tell if that increased numbers of usage came from different person? The increase of adoption must came from different persons. It's really increasing as time is passing but today I see no great numbers of adoption. Most of the traders are acquiring more coins at least when there is a chance. Meaning most of stats from active usage came from same person. They just increase their bitcoin numbers on hand.
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Those bank haters really don't know how bank works.
All they know is only all the negative thoughts about the banks in which some of them just only heard that negative things from others and didn't know exactly what is the details or how really is it.
Most bitcoin users really hate banks because in general they don't have bank accounts and didn't experience having a deal with a bank. Fucking reasons and comparison like in bank you don't control your money, high interest, bankrupt etc. Fuck that shit. Can you give another reason which is not common or give me some clear technical MAJOR problem?
Just because they are truly bitcoin enthusiast they now know ALL THINGS between bank and bitcoin but when you back some questions they can't answered! Even asking a bitcoin related term they can't answer me and that is present here in this forum especially those thread with comparison of bank and bitcoin.
I both have bank accounts which Im using for a long time now prior to using bitcoin and using bitcoin at the same time. Both are giving me benefits. Both has PROS and CONS. That's why at least I have an idea of both system either basic or technically. Not that much but Im not dumb not to know some of important details.
And in some country like here in PH, one easy way to purchase bitcoin and converting it to fiat is by using banks services which is really a big help.
It's not the comparison. The important thing here is we can get benefits from both of them.
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