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Go with that 5 digit, bring it on. Show them what we've got with bitcoin, things are getting according to everyone's expectation. Once bitcoin hits 5 digit very soon this will be the time that too many whales will cash out too and will do the same cycle of waiting again for the dip and will buy back again. This is now the cycle that keeps on happening with the bitcoin society, they are the ones that taking advantage with this pump.
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They are profitable, where on Earth you can just pick up some free money? Doesn't care about the value of it even most of them are undervalued but if you got thousands or millions of those coins that is still profitable. Free money is the best thing on Earth. But not all the time, you are in harvest as you have to be careful too with these airdrops. Some aren't real with their projects and only here to scam.
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Internet is the number one platform for advertising products and the only thing you will be needing is an effective marketing strategy. Sometimes you really need to hire and pay someone to boost your products visibility throughout especially social media.
It has been the most effective way of advertising products, there are too many way to use internet nowadays. It's now only for watching videos, uploading photo's and posting job offers. Now this is a great tool to give a lot of people a way to promote their products and services. Look at the vast growth of social media platforms, they are using their service for promoting such products. |
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I also as a new resident in BTC want to follow in their footsteps, but i realize it takes a long time and process to become rich like them.
It may take time but you have to endure and be inspired with those early people that now belongs to the bitcoin rich club. Follow their steps and keep on tracking on what they do now, they will not stop on earning bitcoin since it is the one that made them prosperous. There are rich people that will still take the advantage of their situation and will try to sell out their "strategy" of becoming rich in bitcoin, don't trust them. |
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Demand is the main reason why the price of bitcoin is so high. It's like you are looking for a bottled water in the desert and by seeing someone he's offering you it for $1,000. And bitcoin is also supported by majority of the altcoins, before you can buy those altcoin of your choice you need to have bitcoin first for buying it but there are also another choice which is ETH.
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The biggest disadvantage to bitcoin is the sluggish transactions now
This is because there are a lot of transactions that are now happening all of the sudden and this only means bitcoin is now popular. Too many people now that started to use bitcoin and now having their transactions, another thing some major miners back off and started to support other coins instead of bitcoin. Bitcoin in a society like this needed to be upgraded and it will be fine very soon, devs are looking for resolution for this problem. |
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Is bitcoin still a good investment for newbies?
Yes all the time, all the way bitcoin is a good investment mostly for newbies. If you are new to this, what you have to do is to learn it first so that you'll know on how it is totally good to invest in bitcoin. Is it worth to pay almost $8200 for 1 BTC today?
I did mentioned that all the time and all the way bitcoin is a good investment but on this part, you had to ask yourself if you are able and if not just wait for the dip. I guess waiting for that dip will took longer days to happen mate, and for those newbies who will buy btc at that expensive price I guess they really have enough wealth for investment capital. For those newbies who didn't have enough, maybe they can purchase bitcoin amounts but not with that price in full amount. Eventually you can start an investment with small amount and when that assets grows, then the increase of profit will become compounding if you don't sell it right away and you will learn how to wait for an exact time to decide what's the best price to dump. If he is not able at this moment of buying bitcoin at $8,100 then he has to wait and hope for lower price. This may not be the dip but there will be chance too that the price can rise anytime from now on. I have read somewhere here in forum that no matter what the price of bitcoin is that will be still a good entry point if there are people saying that price can possibly go up for 10%-50%+ then they had to buy now. |
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if we look upon the success and profit of day time investors then they are much better then cases, because day time traders generate profit and revel in time by time while holder just wait and when time arrive for selling they simply enjoy profit after a long period of time.
Day trading is good for those people that has a lot of time to give for it but for people who are working all day long on their offices holding will be the best choice for them. I've an example of how much day traders are earning, if you have an investment capital of lowest $500 and this is good for those day traders that are still new and doesn't want to take higher risk and decided to have 3% gain daily. 3%x30 days = 90% and that will be equivalent to $450 and that's quite good right? |
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Is bitcoin still a good investment for newbies?
Yes all the time, all the way bitcoin is a good investment mostly for newbies. If you are new to this, what you have to do is to learn it first so that you'll know on how it is totally good to invest in bitcoin. Is it worth to pay almost $8200 for 1 BTC today?
I did mentioned that all the time and all the way bitcoin is a good investment but on this part, you had to ask yourself if you are able and if not just wait for the dip. |
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Most of the developers are posting their opinions about the market especially bitcoin through twitter and it is a social media too. They are expressing their thoughts and ideas through that discussing with other people. And also I have a lot of friends on facebook and keeps on asking me about bitcoin after I posted a chart from coinbase one year ago but most of them stopped because they see no potential but now recently they tried to asked me again because they saw bitcoin reached $8k.
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There is no way! Bitcoin can't be a any nations currency, it's impossible. No one would let this happen. But i think that BTC will be all countries currency soon. Around 2020.
There's a way you know that bitcoin has been used everywhere you are. And in everywhere country I guess there's a bitcoin user, bitcoin doesn't have to be a national currency because it's also being used as everyone's currency that are mostly living in the web. Government is obviously not going to give an idea to people that they will be adopting a cryptocurrency that is decentralized, if they to use a cryptocurrency as national currency, they will just make one. Bitcoin are heading to a national currency not this year but soon. Bitcoin is still in the beginning of development. Still on many debate to make the bitcoin could afford of so many transaction per second. Other factor that may have a hig problem is bitcoin volatility, whi h always flactuate. I don't have any insights or never heard of a rumor that bitcoin will be used a national currency. I'm thinking more of it as a secondary payment method or an alternative currency but government will never declare it as a national currency. That's a big deal when a country calls bitcoin as their national currency, they are taking a big risk for doing it so and besides not all the people can adopt this such technology. |
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the increase of the total users from coinbase
People don't see it as much of a problem, which at this point it still really isn't, but I don't like how Coinbase is more and more becoming by far the major player in this market, and that on various levels. If Coinbase will continue to grow in the coming years, and that's more than likely the case, the market they operate in will get more and more centralized. The larger they grow, the more value their 'vote' will have when it comes to certain implementations and future forks. Aside from that, the growth they go through is very impressive. If we look at other similar services, Coinbase either offers a better end product than their competition, or they market themselves in a more effective way. I got your point out there mate and it's interesting that before Coinbase is one of the major player in the market of crypto's with preferred few alt coins mainly with bitcoin. It is very impressive to see on how this era is having a lot of users for bitcoin and I consider that we are already experiencing the year or the era that OP is talking about. It's also interesting if other popular players / exchanges will give some data on their total users. |
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There is no way! Bitcoin can't be a any nations currency, it's impossible. No one would let this happen. But i think that BTC will be all countries currency soon. Around 2020.
There's a way you know that bitcoin has been used everywhere you are. And in everywhere country I guess there's a bitcoin user, bitcoin doesn't have to be a national currency because it's also being used as everyone's currency that are mostly living in the web. Government is obviously not going to give an idea to people that they will be adopting a cryptocurrency that is decentralized, if they to use a cryptocurrency as national currency, they will just make one. |
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There are continuing rumors about another bitcoin hardfork on December. If this happen, will bitcoin go for another all-high time or may suffer another big crash this time.
It's been there around when bitcoin is surging a lot of developers making their own coin through these splits / hard forks. What's fork? Seems like a word "bitcoin hard fork" misleading somewhere.
Haha, people are shortcut calling it to "fork" instead of "hard fork" but you are right they are totally different. But when someone says, "there's a fork" it's now understood as hard fork. |
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$1 million on 2027? For ten years everything can possibly happen and that's enough time to whatever we are hoping for. I'm not thinking it to be at that price, what's good to me is that I'm only thinking about $50,000 - $100,000 for the next ten years. I'm not going to predict that big amount if there is still no signs of seeing that. But if we are near to that rate then let's make it happen.
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I agree to this one I think bitcoin will really help many people especially those who are unemployed. Bitcoin already have a massive impact in the world and trusted by many. People could use this as part of their income.
Bitcoin do helped a lot of people who are unemployed for working as a day trader but I advice still to get one job where it can sustain the needs of your family. There are too many jobs now that are created and will pay you through bitcoin and you just need to apply and find what job suits with your skills. If not, try to find a real job and keep on doing on your trades and while holding bitcoin. |
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It's working, you can even look for interesting goods out there on the goods section of this forum and when you transact just look for someone that's willing to escrow your transaction to the buyer. I did shopped many times for buying digital goods outside the forum and it really feels great to it again from time to time. A peer to peer transaction if there are stores out there that has your interesting desired item, ask them if they accept bitcoin.
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What I'm expecting to see in bitcoin for the next months? It will be recognized and it will skyrocket although there are inevitable events that may happen too about banning, regulations and other stuffs that are stopping bitcoin to moon. But if you had seen on how bitcoin is greatly extending it's value from month to month or from time to time, you just have to buy and hold it as long term investment.
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Hahaha, you made me visit to their tokensale website and I like the cursor point when move it from other end to the other one. There are too many this type of coin that says they are not useless coin but why are they making the names seems to be useless. What's the reason for that name though, they may even name the coin as "best" coin, crypto world does have a lot of mysteries too.  |
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I think this is much more difficulty think ever do.. Its very rarely possible when you try work hard or do some part time jobs in online related to buy a bitcoin...
But this is impossible...
Very impossible to do, think that you'll only spend a very little amount of time everyday and you are expecting a very great gain every month? Working hard with a job that suits to be related with programming or blockchain technology even he works at least 2-4 hours a day with those jobs he can make that much. But without investment, without skill, you'll know what you get if you are not willing to render too much time for that asking income monthly. |
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