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I think most of the users that involve in alt coins have the same feeling, I love how alt coin can be really profitable, sometimes it can be more profitable than Bitcoin, but I don't like alt coin pumping is only a moment and it is not suitable for a long term investment, but all of that makes alt coin become really fun to trade
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I can't give you the percentage because, it is better to invest with the money you won't spend and I don't know how much leftover you gotta, it is recommended to spare your salary to buy crypto as investment, as you can see it is a very profitable yet easy to buy, not like stock which need a lot of money, but only invest what you afford to lose, don't used your daily need money to buy crypto
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The easiest way to attract people is from money, if we show the price movement from early 2017 until now, a lot of people will amazed, and then I teach them on how to earn and show them the coin I got and calculate it in Fiat, most of the people will say "if I put 100$ on January now will be more than 500$" and they regret they didn't put their money earlier
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For me trading is fun, it is fun to learn the chart and it's really fun when the speculation is right, but it is not a game at all, trading is a serious business because if you make a wrong move or trade with unclear mind you can lost money, and it is a high risk job, so I always serious in trading
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What is the point of resist? Most of us holding Bitcoin to get profit, if the amount of the profit is already hitting the target then I am sure a lot of people will sell it, unless the person saving it for different purpose like emergency usage or inherited to their childrens
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I think the chances is near to zero, to reach that high it need so many people to actively used it and when the price is too high people tends to look for another coin to invest, I do hope it can reach untill 500k but I think the best it can reach is 100k when 2020
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There are several countries starting to accepting Bitcoin, and in Japan the government already legalized it, so you can live by only spending Bitcoin in Japan, and in some country bar and restaurant accepting Bitcoin, in Italy you can pay taxi with Bitcoin, I won't be surprised in the next few years there will be a lot of things we can buy using bitcoin
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Yeah it is a shocking news as I know Rollin is one of the oldest dice sites which got a good reputation, but I think it closed because the competition between dice sites, there are so many dice sites keep on appearing and that makes gambler play in different dice sites and because there are no maximum bet amount, it makes the dice sites need to have a big bankroll
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Most of the parents heard the news about ransomware and how Bitcoin being used to support terrorists, they only heard the negative news because the media only publish and focus on how bad the bad people using the bitcoin, so it's not their fault, they just want to protect you because they don't understand about Bitcoin, after they know the real usage they will support you to used bitcoin
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Well it is double side story, some people got a lot of profit after holding for a long time and some of them lost money, and I think it is not a good idea to hold your bounty alt coin for a long time, from my experience,most of the coin will lost its value, it need luck to get profit from holding alt coin for a long time
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Lending can be a good source of income, but most of the case they can't pay and you will get the collateral and you need to do some work to sell the things to get your money back, but it is safer to just hold your coin and then when the price is suitable you can sell it, with that amount it is more profitable to trade
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I will speculate that this December is going to 8000$, recently I saw a great enthusiasm from the users, after the BCH forking event, I saw that a lot of people still support BTC and that show that there are nothing that can stop Bitcoin and now the price keep on rising, it is great to see Bitcoin keep on growing
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1. Its gaining mainstream credibility as industry players consider it as the new gold Bitcoin has many of the same qualities of gold, whose value is not controlled by governments. 2. Many investors and finance industry experts are serious about the promise of Bitcoin A large number of mainstream investors and entrepreneurs already consider Bitcoin and other cryptocurrencies as a legitimate asset class. 3. There is only a limited amount of Bitcoin There are only 21 million Bitcoin tokens to be mined and no new tokens will appear until after 2140. This makes Bitcoin a deflationary currency whose value increases naturally with time. Source here. These are interesting big reasons why it is so wise to invest in Bitcoin. I am sure that many people are still doubting Bitcoin whether it can be a good investment vehicle or it is just another risky venture that can collapse anytime. Of course, we know better. So in case someone would be asking you this same question, you just have to enumerate the three big reasons above. I like these three reasons, especially the first one, people like to have some investment which is hidden from everyone especially from the government, and Bitcoin can't be controlled by the government and it is hard to tracked, but the main reason I think because Bitcoin shows a fantastic growth in price, no Fiat investment ever grow as fast as Bitcoin, and because of the limited amount it makes Bitcoin more valuable in the future, Bitcoin investment is really good for the future |
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There are a lot of things that suitable between casino and Bitcoin, all of the Bitcoin feature like anonymity, fast transaction, accepted worldwide and easy to setup a wallet, are really suitable for world wide casino, and as I know since casino accepting Bitcoin, their profit and revenue is increasing, so Bitcoin gives very positive affect for casino, no wonder casino accepting bitcoin
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I agree that it has been underestimate, from the start peoples already sceptical about Bitcoin, most of them not believe that Bitcoin can survive and Bitcoin also always being associated with criminal which made the reputation worse, but the real usage of Bitcoin is very huge, there are so many good things that we can get from Bitcoin, if people looks more carefully they will realize that Bitcoin is a great thing
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No, it is not a good idea, even though Bitcoin can be consider as a safe investment,but it is really a good idea to split your investment, at least when something happened you won't lost it all and who knows your other investment can give you better profit, at least put it into 2 different investment
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It is a good currency for everyone, so no wonder a stripper accept your coin, if the government regulate Bitcoin then the price can be up and will be used by a lot of people which will be good for publication and can lead to Bitcoin pumping, but you won't have an anonymity transaction anymore, all of your transactions will be regulate and being watched
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Unfortunately yes, mining is one of the way to earn, trading is based on supply and demand, so mining can add more supply and that can caused the price to change and by mining we can see how many people that is interested in that coin, as a trader we need to see a lot of factors to speculate and mining is one of that factor
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I don't think the government is underestimate crypto currencies, the government used to underestimate it but after a huge implementation, the government started to take precaution steps, the potential of replacing regular currency is none, but crypto currency can be the cause the tax income to decrease and can be disrupted the economic balance for a country
Crypto currencies can be banned if the usage is over and the country's income tax become really small and being used for illegal purchasing
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I think it will bad for Bitcoin growth, the price of Bitcoin is depend on the transaction volume and if all people not spending their coin the cash flow will become stagnant and Bitcoin can't grow any further, it need a balance supply and demand to make a strong coin
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