So many crypto currencies are coming UP . They are much cheaper than Bitcoin for now. It is so hard to decide which to buy . Some are in good promos, to buy or invest to it while it is cheaper and sell when the price Will getting high. Is it a good idea to buy while we can not afford yet Bitcoin?
It is up to you. You enter investing because you want to earn money so stick to that mindset. If the other crypto is cheaper and you can afford to it then buy an sell it when the price is high. But if you want to invest in bitcoin, wait for the time to fall the price then buy bitcoin. |
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If the opinion of Robert Schiller is seriously taken into account by investors from around the world, it is simply because he was the Nobel Prize in Economics in 2013. But when it comes to talking about Bitcoin, man does not chew his words. He is not seized by the craze that surrounds crypto-currencies for several months now.
Mr Schiller believes that Bitcoin is a speculative bubble that will end up exploding, even if in itself this virtual currency should not disappear.
For me, it is okay to call them bitcoin as bubble but we don't know what will happen in the future of blockchain technology. Maybe bitcoin will be better in the future. They call bitcoin as bubble because they only focus on the price and volatility. We just wait for the market to become better. |
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I can clearly see that there are other cryptocurrencies that are beginning to dethrone bitcoin, showing off there quick and secured transactions, though bitcoin continues to be the king. What does bitcoin need to improve state your opinions.
In my own opinion, the things that bitcoin need to improve is the time that the transaction happens. We need a fast transaction in bitcoin. Another is the transaction fees. For me, the transaction fees in bitcoin are high. I think the security also but just a little bit. |
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I want to join to this raffle
I'll take 8
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Seoul Mayor Plans to Unveil Better Self Crypto for Stratup Blockchain.
Park Woon-soon has announced that South Korea will launch its own crypto and create a better environment for startup companies Blockchain and cryptocurrency in the country. He wants to form a blockchain that is oriented like a startup industry and focuses on developing Seoul's cryptocurrency, 'S coin'.
One of the reasons for the development of 'S coin' is to improve the transparency of governance that exists there. Although the Korean government initially applied very strict rules against cryptocurrency.
what do you think about this? is this good news about the development of cryptocurrency in the future?
In my own opinion, the future of crypto will be better because there are countries that create their own cryptocurrency and blockchain. When they create a crypto, many investors will try to invest in that crypto and also there are many projects that come which make the cryptocurrency successful. |
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I love bitcoin and cryptocurrencies. I feel more comfortable doing so and will do whatever that I can to support it. Now tell me how can I work with Bitcoin and cryptocurrencies? Although it is illegal in my country.
My country Bangladesh.
Apologies if this is not the right place to discuss.
Thanks in advance.
I am upset to hear that news. In my own opinion, you should find another way in earning money while waiting for the overturn of banning bitcoin in your country. I think you should find another crypto which is legal to your country so that it might replace the bitcoin. |
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If you want to secure your bitcoin there are two ways to keep safe it. 1. Online wallets. 2. Hardware wallets. If you chose number one you have to take some steps for keep safe your bitcoin. 1. Take a very heard password. 2. Keep your password in a very secure place. 3. Don't save your password in online. 4. Activate two step authentication. 5. Don't share your password to any one. For your help give some trusted wallet links... 1. https://www.coinbase.com2. https://www.coinpayments.net3. https://www.blockchain.comIf you chose number two you have to pay some money for keep safe your bitcoin but i think this is better to keep your bitcoin in a hardware wallet. It is more safe then any online wallets... For your help i give some trusted hardware wallets link. 1. https://www.shiftcrypto.ch/2. https://www.ledgerwallet.com/3. https://opendime.com/4. https://trezor.io/5. https://tangem.com/So now its your choice that how to keep safe your bitcoin now.......😊😊😊😊😊 Your ever😊 Yes, we need to secure our accounts to hackers. We need a wallet so that our money and bitcoin will be safe from hackers. I think we should have an online wallet and we make sure that no other people who knows our password exempt us. In that case out bitcoin and money are 100% secured. |
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A news from ABS-CBN, a Filipino Media and Entertainment Group.
MANILA - An investor who saw a 39,000-percent increase in his bitcoin investment warned on Monday that many cryptocurrency investment schemes right now are scams.
Emerson Fonseca, Philippine head of NEM Foundation, told ANC's Market Edge that since he started trading bitcoin 2 years ago, a lot of scams have cropped up because people don't understand cryptocurrencies.
What are your opinions?
People are scammed because they don't have enough knowledge about investing. Before we invest money we must first know some knowledge about investing and we need to know how secured our money is when we invest. We need to know the safest way to invest money and we must know how our money works so that we are not able to scam. |
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From last few days, btc transactions fees has been reduced remarkably. Even its transactions fees are now lower than bitcoin cash. It is really a great news for btc trader i think. How it can help the current market?? Share your logic please .
It is a good news to hear because the transaction fees has been reduced. Many people will be happy about that because many people use bitcoin in transaction and now the transaction fees are reduced, many people will now trade money. It help the current market because many people will now trade and the market will now become healthier. |
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We are entering an era of multiple digital currencies, and many of them will survive. Bitcoin is certain to be one of them, but it can't be number one for every factor. Where do you think Bitcoin will stay as number 1 - Store of value
- Services in addition to simple money transfer
- Convenience
- Security
- Investment/speculation
- Safe transfer speed
- Privacy
- Freedom from globalist control
- Other
For me, bitcoin is number one in terms of security because bitcoin is the safest cryptocurrency among all. For me, bitcoin is secured and it is safe to invest your money here in bitcoin. I think bitcoin is number 1 in all aspects but in specific, I think bitcoin is number 1 in terms of security because in my own experience it is proven and tested. |
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Hi there! I just need your advice. I invested the money instead of paying my school fees. Yeah, i know this is wrong because education is more important to us and it can't be stealed from us, i'm still studying but my fees will be doubled on the next payment. But i believe this will end a good result. What do you think about this ? Your advice will be highly appreciated. Thanks!
For me, You do very wrong because you put your education in a delicate situation. You must study first or finish your studies. Don't put the important things to a not sure situation because bitcoin is a gamble you might lose money. You can invest other money but not the money related to your education because education is more important than bitcoin. |
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Bitcoin was supposed to be used as a currency, not only a form of investment. However, it's been more successful as a form of investment, a "speculative asset".
Do you guys think that this can change in the long term ?
For me, bitcoin can't change in the long term. Bitcoin will be successful in the coming years because many companies are supporting bitcoin. Bitcoin will be more successful in the future even though there are situations that the price fall. I hope that many countries accept bitcoin so that the people in that country can invest money. |
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At a time when the price of cryptocurrencies fluctuate sharply at any sign of not too good news, do not press the panic red button on your Bitcoin.
Remember the Pizza guy!
In Bitcoin I trust, come Bull or Bear.
In my own opinion, we don't need to panic because the falling of bitcoin price is natural. It happens yearly so don't panic. We need a long patience in waiting for the right time to sell bitcoin. When we wait, we will receive a high profit. I trust in bitcoin that it will rise again not now but sooner or later. We all worth the wait. |
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Wow.... Maybe if what you say happen.. Bitcoin will be die because cannot be mine again. And it will be bad dream for investor.
For better alternative we can invest to altcoin are support blockchain 2.0 dst.
For me, the thing that is on my mind about bitcoin lately is holding because the price of bitcoin lately is low and there is nothing I can do but to hold my bitcoin or else I earn a small profit. But I am sure that when I hold my bitcoin, it will give me a lot of profit soon because I believe that bitcoin will rise again. |
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You can pay with Bitcoin in several stores and even restaurants here in Germany. Are we the only one who have this?  Wow, that feel jealous because it is only implemented in Germany. I hope that it will implement also in our country. It is a really great news because many countries accepting bitcoin and many companies accept bitcoin as payment. It is true the bitcoin becomes popular all over the world. |
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If people buy Bitcoin at $8,000, they will get 100% profit only when Bitcoin reaches $16,000. If it takes 5 years to reach $16,000, people will earn more money from Gold and Silver than from Bitcoin. Silver is giving 20% to 35% profit in one year.
Mining cost of one Bitcoin is $5,000 or more. When Bitcoin was $400 or $800 it was understandable because people had to just spend $400 or $800 to get one Bitcoin and $1,200 is super high profits when Bitcoin started from $1.
In my own opinion, people still buy bitcoin because they have trust in bitcoin. They believe that if they buy bitcoin, their money will gain profit. They need a lot of patience before they get a lot of profit because if they sell their bitcoin immediately they will get a low profit or they may loss money. They still buy bitcoin because they believe in the power of bitcoin. |
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