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To make 17 btc out of 7 btc in a relatively normal time you will need to pickup trading else it will take ages to get to that amount.
With trading you have to be skiled and analyze the prices and market so that you can predict on when to buy and sell and what to buy and sell, this is probably your best option.
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Yes, it could be worthless, but it would take time to achieve this... many people still will continue to use fiat money for many years, before that happen.
Indeed fiat has been existing for very long right now and they have a very big foundation which you can't just hit trough. For fiat to be worthless there needs to be a big chain of events in alot of years or else it will not happen at all. I don't think bitcoin could make fiat worthless. |
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Bitcoin is being used for illegal activities as much as fiat is being used for illegal activities, it doesn't mean it's the fault of bitcoin or that bitcoin is a bad currency.
There's criminals everywhere and bitcoin is attractive cause it's very anonymous to all those criminals.
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If bitcoin rose to 1m then I would retire today and sell all my bitcoin and put money in safe investments and spread over banks.
I wouldn't risk staying with bitcoin and losing all it's value cause then I'd hit myself If I lost all those millions because of that.
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Would you use money if you were millionaire, yes you will use sop same applies here also bitcoin is a money and I would use bitcoin as long as i am alive. Bitcoin is not for poor beggar but it's a digital money and we all can use this money. Also this money doesn't have any tax so why I won't use bitcoin.
If I were a millionaire I would use bitcoin for most of my transactions. Do you know how much you can safe with large transactions? It's a lot of money, perhaps somewhere near 20k per year. So yeah bitcoin millionaires are the smart millionaires. |
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Do you think Bitcoin could go to $6000, and in what timeframe? And if it did, what would necessitate the value of other top altcoins going to the $600 range?
I wish that the Bitcoin value was around $6000 because if thaw was true I would have sold so many Bitcoin at this moment. I do not know when the price is going to reach $6000 but it will take some time. |
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Barcelona lost their second game of the season yesterday and I do not know how it is possible but one day they are destroying the opponent and next they look lost.
They need to become consistent again because if not they will be left behind.
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No, Gambling is not for a kids. Only a stupid parents who allow their son/daughter to gambling. The world must be crazy.
Yes, parents should be the one who discipline their children, their should be a role model for their children and not to teach them to play gambling. Because it can never help them. Gambling is not made for kids because if kids are starting to gamble at a young age it might become a bad habit for them later on. It is better to avoid that so that they can manage there money better. |
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If I I am in your place I would collect money on internet for big villa modern house and fhen buy it on Croatian sea.I will also buy some fast electric car created in Croatia.
If your goal is to buy a house with the Bitcoin that you have earned and you are able to do it then you should do it. But houses are expensive so you need to earn much Bitcoin to make it possible. |
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You always need to save money even if it is not much because in the long run it can end up as much. what I do is keep track of the things that I need to pay and calculate how much money will be left.
A percentage of that I will save and the rest is for me to spend.
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I want ask anyone if i give you 10 Btc what will you do. because i want investment but i have no any good idea to invest it (except gambling) but i don't like dambling.So i want ask you viewS.
for the one millionth time, gambling is not an investment and you or anybody else is not going to make money from gambling. but to answer your question, if you don't really know what to do with your bitcoins just save them in a cold storage and wait for the price rise. anything else and you will lose money. Investing IS gambling....DUH I would sell them all right away and buy myself a new motorcycle because I want a new one really bad. I know that it wouldf be better to hold on to them but not right now. After I have a new motorcycle then I will hold on to them again. |
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I do not pay my bills with Bitcoin because in my country it is not even possible to pay your bill with Bitcoin. I would also not be handy to earn my money in Bitcoin.
but maybe that in future those things are going to change.
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For traden the minimum amount is quite low but to be able to do anything at all I'd get atleast 0.5 bitcoin first before I'd start.
Ofcourse 0.1 is enough aswell but it will be alot more slow and difficult to learn like that.
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Brazil is developing quite nicely in a bitcoin perspective I imagine how many other south american countries are into bitcoin.
I wish Europe would have the same amount or even more shops but from how it looks like in my country there's almost no shops so thats a bummer.
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Diversify is the best strategy. There is no good reason to go all in on any one single thing. Mix it with stocks, foreign currency, Bitcoin, even gold or silver and you will be far better off. Even saving money is a part of diversifying.
Correct. Never put all your eggs in one basket. In other words, never put all your investments in a single asset or commodity. This applies to crypto currencies as well. To protect against inflationary currencies like fiat, it is best to invest into Gold and Bitcoin. BTC can be seen as digital gold where it fights inflation after each halving making it more scare as time goes by.  Yeah always spread out your money when investing. Having one investment where you put all your money you can lose it all at once. But when you put into multiple sources then it's less risk when one investment goes down cause the others keep you up. |
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I have about 9 bitcoin right now received it by trading and started from 7 but it was quite a along journey cause at first I made alot of loss.
Later i started making profit when I developed a system so now I will keep trading and saving up bitcoin.
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Holding bitcoin a long time is how I imagine making money trough bitcoin cause it's a big coin with a big foundation that can reach high numbers of value and users.
So buying it now might be the best investment you can ever still do since prices can still go up by alot.
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Lend them in poloniex. I have been lending my coins there since last week and i had no problems since then. It looks safe enough to me. I just hope market doesn't make sharp movements. It is the only danger.
You must have enough capital in order to lend your money through poloniex smoothly , but you can go trading instead. New coins has been launched recently , and if you lucky you can double your bitcoin in a hours. Indeed the problem with investing into certain areas is that you need a big capital to make it worthwhile at all and most people don't have that many bitcoin to truly invest. So trading is a good alternative, just make sure to trade with small amounts and 0.1 btc is enough to start trading. |
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It is pretty certain that amazon will start to accept bitcoin cause other companies are doing it already and amazon will have no choice but to follow.
For example steam started already which is a pretty big company in the online world if you ask me!
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It is useful to borrow bitcoin when you see the chance of making alot of money but just need a bit more capital.
With borrowing the problem is you have to return the money at a certain time + rent. It's better to get invested in then to borrow manually.
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